ETH Whale: Extends Short Position by 9,000 ETH

ETH whale 0x1be45fef92c4e2538fecd150757ed62b7b3757d7 borrowed another 9,000 ETH from Aave, deposited on Binance and withdrew 16.37 million USDT to add to the short.

The address now holds a 44,000 ETH short worth $78.89 million opened at an average price of $1,702 and sits $3.08 million underwater after the recent bounce.

Price action on the 4h chart shows ETH at $1,762.6 inside the Bollinger Bands with upper resistance at $1,831.96. The 50-EMA at $1,712.41 continues to act as immediate support while the 200-EMA at $1,905.59 caps upside; MACD golden cross at 32.54 keeps the broader structure bullish yet RSI at 58.46 leaves room before overbought conditions trigger a pullback to that 50-EMA level.