A Hyperliquid whale, who previously shorted 16 altcoins for a profit of $13.68 million, has allegedly moved a total of $21.82 million worth of ETH to exchanges.

According to on-chain analyst Ai Yi's monitoring, the Hyperliquid whale, who once made $13.68 million by shorting 16 altcoins, is suspected of selling ETH again. Since June 24, the address has transferred 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 at an average price of $1,991 between February and March of this year.