Hyperliquid Whale: $21.82M ETH Moves to Binance

Hyperliquid whale who booked $13.68M shorting 16 altcoins has now offloaded $21.82M worth of ETH to exchanges since June 24, locking in an estimated $5.485M loss.

Four hours ago the address deposited another 6860 ETH valued at $10.8M onto Binance at $1574; those tokens were accumulated in February-March at a $1991 average, setting up an additional $2.86M loss on exit.

Price action on the 4h chart shows ETH trading inside the Bollinger Bands with upper resistance at $1599.3 and lower support at $1555.96 while the EMA50 at $1621.19 and EMA200 at $1786.38 define the bearish structure; MACD golden cross at -13.87 offers mild momentum relief yet RSI at 42.69 keeps the tape neutral, suggesting any bounce into $1599 resistance will likely stall and retrace toward the $1621 EMA50 before the next leg lower.