Ethereum Whale: 15,131 ETH Liquidated at $1,565

Ethereum whale address 0x34d…c4ac1 has been liquidated for 15,131 ETH, converting to $22.6 million to repay borrowed USDT after the token broke below $1,565.

The dormant address, inactive for five years, woke four months ago and built leverage via Ethereum DeFi lending liquidation mechanics on two wallets holding 104,772.57 WETH collateral against 135 million USDT debt; fresh liquidation thresholds now stand at $1,555.04 for 0xc3f…931e4 and $1,458.02 for the liquidated address.

On the 4h chart, ETH trades at $1,593.05 inside the Bollinger band with lower support at $1,591.74 while RSI(14) at 17.75 signals deep oversold conditions and MACD prints a bearish death cross below zero; price remains pinned beneath EMA50 at $1,883.35 and EMA200 at $2,092.66, confirming the broader downtrend yet opening room for a short-covering bounce only if the lower band holds.