Hyperliquid Whale Deposits 6,860 ETH to Binance, Faces $2.86M Loss

ETH-0.24%
According to PANews citing on-chain analyst Ai Yi, a Hyperliquid whale deposited 6,860 ETH to Binance on June 29 at a price of $1,574 per ETH, valued at $10.8 million. If sold at current levels, the whale would face a $2.86 million loss based on an average cost of $1,991 ETH accumulated in February and March. Since June 24, the whale has transferred a total of $21.82 million in ETH to exchanges, with cumulative projected losses of $5.485 million.
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