Whale Accumulates 7,066 ETH Worth $21.22 Million After Exiting Derivatives

A whale address purchased 1,000 ETH from HyperLiquid on Nov. 29, bringing total holdings to 7,066 ETH valued at $21.22 million, Onchain Lens data show. The address holds 4.78 million USDC in idle funds. The whale previously lost $8 million in derivatives trading before shifting to spot market purchases.