A major trader on Hyperliquid, dubbed the platform's biggest bull, just locked in $68.47 million in profits by fully exiting his massive long positions. Over two months, he deployed four addresses to go long on 120,000 ETH and 1,500 BTC, totaling $398 million in value during February and March. The final 25,000 ETH longs got squared off two hours ago, capping a stellar run that underscores savvy timing in volatile crypto futures trading.

ETH Technical Breakdown

Zooming into the 4-hour ETH chart, price action at $2351.58 screams controlled bullish momentum, hugging the middle of the Bollinger Bands with the upper resistance looming at $2450.44 as a clear exhaustion target for any overzealous buyers. The golden cross on MACD at 33.95 reinforces this uptrend, but with RSI neutral at 60.68, we're not seeing overheated signals yet—confluence points to the EMA50 at $2255.98 acting as rock-solid support for dips, while the EMA200 at $2149.32 guards against deeper pullbacks, setting up for a potential grind higher if volatility stays tame. This setup echoes the Bitcoin resilience we've tracked in recent months, making it prime for ETH price prediction plays in a market dodging broader crypto market crash fears.