A Hyperliquid whale who previously shorted 16 altcoins and profited $13.68 million has reportedly transferred $21.82 million worth of ETH to exchanges, suspected of offloading ETH again. Since June 24, the address has moved a total of $21.82 million worth of ETH to exchanges, with an estimated loss of $5.485 million. Four hours ago, the address deposited another 6,860 ETH (worth $10.8 million) into Binance at a deposit price of $1,574. If sold, this would incur a loss of $2.86 million. The address had accumulated ETH from February to March this year at an average price of $1,991.
