Hyperliquid Whale: Takes Partial Profits on BTC, ETH

The biggest long position holder on Hyperliquid just executed partial profit-taking after today's sharp BTC and ETH rally, closing 1,050 BTC and 6,000 ETH longs in the last half hour for a realized gain of $7.76 million. This trader still commands an open position of 114,000 ETH valued at $272 million, boasting unrealized profits of $34.4 million—a move that underscores aggressive positioning in this volatile crypto market surge, reminiscent of last quarter's whale maneuvers during the Bitcoin halving hype.

On the 4-hour ETH chart, price action screams bullish conviction as it hovers at $2331.26, well above the EMA50 at $2235.58 acting as immediate support and the EMA200 at $2136.78 reinforcing the longer-term floor. With MACD confirming a golden cross at 35.98 and RSI neutral at 60.9, we're seeing sustained momentum without overbought exhaustion yet—price dances inside the Bollinger Bands, testing the upper resistance at $2425.81 while the lower support at $2114.62 guards against sharp pullbacks. Confluence here points to a potential push toward that upper band before any retracement to the EMA50, ideal for scaling into longs if you're eyeing ETH price prediction plays amid broader crypto market surge and Bitcoin dominance trends.