Hyperliquid Whale Dumps Another 6,860 ETH to Binance, Total Losses Reach $5.485M

News Editor

2026-06-29 07:51:49

A Hyperliquid whale, known for shorting 16 altcoins and realizing $13.68 million in profits, has deposited another 6,860 ETH (≈$10.8 million) into Binance 4 hours ago. At a deposit price of $1,574, the sale would incur a $2.86 million loss. Since June 24, the address has transferred a total of $21.82 million worth of ETH to exchanges, with estimated cumulative losses of $5.485 million. On-chain data suggests the whale is continuing to reduce its ETH position.

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Whale Watch: Hyperliquid Whale Dumps Another 6,860 ETH to Binance

According to on-chain monitoring account @ai_9684xtpa, a Hyperliquid whale previously known for shorting 16 altcoins and realizing $13.68 million in profits appears to be dumping ETH again. The whale’s address deposited 6,860 ETH (worth approximately $10.8 million) into Binance four hours ago at a price of $1,574 per ETH. If the funds are sold on Binance, the whale would incur a loss of around $2.86 million on this batch.

Since June 24, this address has transferred a total of $21.82 million worth of ETH to centralized exchanges, with estimated cumulative losses reaching $5.485 million. The whale, once known for profitable altcoin shorting, is now steadily reducing its ETH holdings, drawing attention from the market.

This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan.

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