According to @EmberCN, ETH has rebounded 6% since last night, highlighting a short-term recovery in spot prices that matters for intraday traders, source: @EmberCN on X. According to @EmberCN, a whale who bought 6,028 ETH during the 10-11 crash spent 22.58M USDC at an average of 3,638 dollars per ETH, address verification via debank.com/profile/0x65b424a5655d8224dba61a31788368268245ce93, source: @EmberCN and Debank link above. According to @EmberCN, roughly three hours ago the same whale fully exited, swapping 6,028 ETH for 22.26M USDC at approximately 3,587 dollars and realizing an about 320K dollar loss, source: @EmberCN on X. According to @EmberCN, these executed levels cluster around 3,580 to 3,640 dollars, creating a near-term supply and resistance zone that traders commonly monitor for liquidity and potential rejection or acceptance on retests, with the zone derived from the reported entry and exit prices, source: @EmberCN and Debank link above.

According to PeckShieldAlert, the CetusProtocol exploiter swapped bridged USDC on Ethereum for 23,000 ETH valued at approximately $62 million, then moved 20,000 ETH to a new wallet address (0x0251...af16). This large-scale ETH transfer significantly increases volatility risks on Ethereum and related DeFi tokens, and could influence short-term liquidity and trading strategies across major exchanges (Source: PeckShieldAlert, Twitter, May 22, 2025).