ETH Whale: Bags $3.11M Profit on 80K Longs

A bold ETH whale, dubbed the iron-headed bull, racks up $3.11 million in floating profits from longing 80,000 ETH across two addresses on Hyperliquid. The first address, 0xa5b…01d41, holds 40,000 ETH longs opened at $2265.5, yielding $1.526 million in gains, while the second, 0x6c8…d84f6, mirrors with 40,000 ETH at $2265.4 for $1.528 million. This trader previously cashed in $44.61 million from 120,000 ETH longs over the last two months, now piling into a $182 million position at around $2265, already up $514,000 and claiming the top spot on Hyperliquid's ETH leaderboard. With Bitcoin's BTC surge fueling broader crypto momentum, this move aligns with rising hype around ETH price prediction models and potential crypto market rally signals, especially as investors eye AI-driven trends like TAO for cross-sector impacts.

Zooming into the 4-hour ETH chart, price action clings to a bullish structure with the EMA50 at $2299.21 acting as immediate support just below the current $2304.04 mark, while the EMA200 at $2253.89 anchors longer-term bullish conviction. MACD flashes a golden cross at -0.13, signaling sustained upward momentum even as RSI hovers neutral at 53.89, avoiding overbought traps. Price trades snug inside the Bollinger Bands, testing the upper resistance at $2336.41 that could cap short-term gains, but a dip to the lower support at $2229.72 might offer confluence with the EMA200 for a reload before pushing higher—classic volatility play in this ETH uptrend, perfect for institutional longs chasing that next leg up.