HyperLiquid: New Wallet Opens $59.72M ETH Long

HyperLiquid saw a fresh wallet (0xa2e8) deposit 3M USDC and open a 20x long on 36,826 ETH worth $59.72M, setting liquidation at $1,571.30.

Price sits at $1,637.98 inside the Bollinger band with upper resistance at $1,710.92 and lower support at $1,604.05. The structure remains bearish as price trades below EMA50 at $1,716.02 and EMA200 at $1,982.44, yet MACD shows a bullish golden cross at -15.16 while RSI(14) holds neutral at 44.48. With price testing upper Bollinger resistance while the 50-EMA looms overhead, a healthy retracement toward $1,716.02 support appears probable before any continuation higher, shaping near-term ETH price prediction dynamics.