ETH Whale: 90% Win-Rate Trader Shorts 17K ETH

ETH whale address 0xa2e81e888f4A757bbAD012ea9B193e7AB93F1468 opened a 17,000 ETH short at $1,717.8 worth $29.36 million two hours ago and now sits on a $140,000 floating loss after the bounce.

The trader posted nine wins from ten ETH positions since June 10, banking $4.91 million at a 164% return while holding each trade only one to two hours.

Price action on the 4h chart shows ETH at $1724.67 pressing the upper Bollinger Band at $1712.99 with RSI(14) at 65.83 and MACD golden cross intact; the 50-EMA at $1689.3 remains the immediate support zone that could absorb any healthy pullback before the next directional move.