Lookonchain: New Wallet Liquidated 8163 ETH
Lookonchain reported that a wallet created 10 hours ago suffered multiple liquidations totaling 8163 ETH valued at $19.78 million while still holding a 25x short position on 8849 ETH with a liquidation price at $2430.28.
SourceAnalysis
Lookonchain flagged a fresh wallet (0xb15b) that opened a 25x short on 13826 ETH worth $33.5 million only to face repeated liquidations totaling 8163 ETH ($19.78 million) over the past 10 hours, leaving it with a remaining short of 8849 ETH ($21.4 million) and a new liquidation level at $2430.28.
Price sits at $2438.01 inside the Bollinger band with upper resistance at $2475.81 and lower support at $2365.24 while the EMA50 at $2456.24 and EMA200 at $2528.03 define the bearish structure; the MACD golden cross at -11.01 supplies mild bullish momentum against a neutral RSI of 51.84, so the market is probing upper band resistance yet remains capped by the 50-EMA overhead, keeping the short vulnerable to any quick rejection back toward $2430.
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