A prolific ETH leverage trader, boasting $44.61 million in profits over the past two months, closed a 4,000 ETH long position this afternoon for a $144,000 gain. Another address, 0x6c8…d84f6, took profits on 20,000 ETH worth $46.33 million in the last half-hour, securing $551,000, while holding onto another 20,000 ETH with $296,000 in floating profits. The same whale flipped directions earlier today, closing a 4,000 ETH short for $123,000 profit before opening a fresh 15x long on 4,000 ETH valued at $9.06 million via Hyperliquid at an entry of $2264.1—moves that align with surging interest in Bitcoin (BTC) volatility and broader crypto market dynamics.

On the 4h ETH chart, price action grinds through a bearish structure where the EMA50 at $2310.23 acts as immediate overhead resistance, barely capping the current $2309.83 level, while the EMA200 down at $2199.79 provides deeper support that could magnetize pullbacks if selling pressure builds. MACD confirms the death cross with a -11.25 reading, signaling sustained downside momentum, yet neutral RSI at 46.13 suggests room for a bounce before exhaustion—right now, ETH trades snug inside Bollinger Bands, testing the upper resistance at $2448.15 as a potential breakout barrier, but confluence points to a likely retracement toward the lower support of $2245.99 if volatility spikes, especially with ETH price prediction models eyeing crypto market crash risks amid Bitcoin hype cycles.