ETH Whale: Secures $11.76M on 34% Rebound

ETH whale address 0xedcdcaa1f18350c50c10bef860e64daa9785d05a opened a 20,000 ETH long at $1,936 on August 19 at 9pm and still holds the position for $11.76 million in floating profit after capturing the full 34% rebound.

The address entered precisely when the move began and has not trimmed exposure despite the sharp vertical advance.

With price testing upper Bollinger resistance at $2,633 while RSI flashes overbought at 95.85, a healthy retracement to the 50-EMA support at $2,107 seems probable before further continuation; the 200-EMA at $1,943 remains the deeper structural floor that has contained every pullback over the past six months.