ETH Whale: $4.54M Profit Before $29M Short

Whale address 0xa2e81e888f4a757bbad012ea9b193e7ab93f1468 booked $4.54 million over five days across ten trades with a 90% win rate before closing longs at 5 a.m. and flipping into a 17,000 ETH short worth $29.28 million at $1717.8.

Prior activity showed balanced long-short positioning with most holds under one day, typical of high-frequency on-chain whale trader performance tracking Ethereum perpetuals.

Price at $1721.07 tests upper Bollinger resistance at $1711.82 while the 4h MACD golden cross at 9.49 keeps the broader structure bullish above EMA50 support at $1689.16; RSI at 64.4 leaves room for continuation yet a quick retracement to that EMA50 level remains the highest-probability next move before any sustained push higher.