Hyperliquid Whale: Deposits 6855 ETH to Binance

Hyperliquid whale who booked $13.68M profit shorting 16 altcoins just sent 6855.13 ETH valued at $11.02M into Binance, tokens accumulated at $1991 average in February-March and now sit at a $2.625M unrealized loss. ETH price prediction models face fresh pressure as this large deposit lands during a market rebound. On the 4h chart ETH holds a bearish structure below the EMA50 at $1697.8 and EMA200 at $1842.63 with MACD at -28.56 confirming the death cross; price sits inside the Bollinger Bands testing lower support near $1583.01 while RSI at 35.84 shows neutral momentum, suggesting any bounce toward upper band resistance at $1785.21 will likely stall before a deeper test of the 50-EMA confluence zone. This move arrives amid broader crypto market crash concerns and limited AI industry impact on altcoin flows.