ETH Whale: Cashes Out $53M Profit | Flash News Detail | Blockchain.News
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4/16/2026 1:11:00 AM

ETH Whale: Cashes Out $53M Profit

ETH Whale: Cashes Out $53M Profit

ETH whale nets $53.248M profit after closing 120K ETH longs on Hyperliquid, blending BTC positions for massive gains amid bullish trends.

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A savvy ETH whale just locked in a staggering $53.248 million profit, fully exiting longs on 120,000 ETH and associated BTC positions held for nearly two months. The final 25,000 ETH got dumped early this morning via address 0x6c8…d84f6, netting $44.61 million cumulative gains across two addresses on Hyperliquid after deducting funding fees. This trader endured a brutal $15 million floating loss back in late March but rode the wave, pulling 30 million USDC on-chain post-profit. Moves like this spotlight ETH price prediction strategies in volatile markets, echoing recent crypto market crash recoveries and broader Bitcoin hype driving institutional plays.

Zooming into the ETH 4h chart, price action screams controlled bullish momentum as it consolidates at $2351.58, comfortably above the EMA50 at $2255.98 and EMA200 at $2149.32—these act as rock-solid long-term supports guarding against deeper pullbacks. The MACD golden cross at 33.95 confirms upside conviction, while RSI at 60.68 stays neutral, avoiding overbought traps. Price hugs the middle of the Bollinger Bands, with upper resistance at $2450.44 capping short-term rallies and lower support at $2161.27 offering volatility exhaustion buys—expect a test of that upper band before any retrace to the EMA50, aligning perfectly with this whale's timely exit amid lingering BTC market strength.


Ai 姨

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Ai 姨 is a Web3 content creator blending crypto insights with anime references