Binance Whale: Closes $100M Longs, Shorts 30K ETH

Binance whale 0x15a4f009bb324a3fb9e36137136b201e3fe0dfdb closed longs worth more than $100 million for a $17.78 million realized profit after the exchange hack, then flipped to short 20,000 ETH before adding another 10,000 ETH short at $2,430 yesterday.

The address now holds 30,000 ETH shorts worth $66.9 million at an average entry of $2,283 with $1.59 million in unrealized gains. The trader had opened the original longs in July at $62,353 on 1,000 BTC and $1,762 on 10,000 ETH, holding them for nearly four months before the hack prompted the reversal.

ETH trades at $2,232.72 on the 4-hour chart inside a bearish structure with price below both the EMA50 at $2,306.52 and the EMA200 at $2,420.53. The MACD death cross at -5.92 confirms trend weakness while RSI at 38.67 sits neutral; the position sits comfortably inside the Bollinger Bands with the lower band at $2,162.52 acting as the next volatility target if selling pressure extends.