Lookonchain: ETH Whale Risks $187M Liquidation at $2,289
Lookonchain reports Ethereum could fall to $2,300.86 then $2,289.78, threatening liquidation of a whale's 79,259 ETH long position worth $187.21 million, repeating the pattern seen six days ago.
SourceAnalysis
Lookonchain flagged that ETH faces further downside to $2,300.86 and then $2,289.78, which would liquidate the whale's current 79,259 ETH ($187.21M) long exposure in the same manner that cleared 28,716 ETH ($69.69M) six days earlier.
Price sits at $2355.07 beneath the EMA50 at $2524.86 and EMA200 at $2563.72, locking in the bearish trend structure while RSI at 25.97 shows oversold momentum and MACD at -30.8 confirms the death cross; with price already probing the lower Bollinger band at $2390.55, any relief rally would likely stall at the upper band near $2601.58 before the next leg lower retests the whale's liquidation cluster.
Lookonchain
@lookonchainLooking for smartmoney onchain