ETH: Whale Books $6.66M on Hyperliquid 4x Long

@lookonchain flagged a fresh wallet 0xedcd that deposited 20M USDC into Hyperliquid and opened a 4x long on 20,000 ETH valued at $45.38M; the position now shows $6.66M in unrealized gains.

Price action on the 4h chart sits at $2263.72 above the EMA50 support at $1939.15 and EMA200 at $1884.45 while testing upper Bollinger resistance at $2195.0 with RSI(14) at 93.15 and MACD golden cross at 70.11; with price testing upper Bollinger resistance while RSI flashes overbought, a healthy retracement to the 50-EMA support at $1939 seems probable before further continuation.