ETH Whale: Closes 36,517 ETH to Avoid Liquidation

Lookonchain tracked a major ETH whale that trimmed its leveraged long from 93,184 ETH ($214M) by selling 36,517 ETH ($80.56M) to escape liquidation. The address retains 56,667 ETH ($125M) with fresh liquidation prices now set at $2,122.44 and $2,129.72 after cumulative losses exceeded $38M.

ETH trades at $2,195.09 on the 4h chart inside a bearish structure defined by the EMA50 at $2,352.41 and EMA200 at $2,462.62. Momentum shows RSI(14) at 29.7 in oversold territory while MACD registers a death cross at -20.97. Price is probing the lower Bollinger Band support near $2,244.05. With price testing lower Bollinger support at $2,244 while RSI signals oversold conditions, a relief bounce toward the EMA50 resistance at $2,352 appears probable before any sustained downside continuation.