Lookonchain: Whale ETH Longs Face Liquidation at $2446

Lookonchain alerts that a whale holds 98,089 ETH long positions valued at $252.3M facing liquidation at $2,446.48 and $2,424.47.

ETH price sits at $2,569.58 in a bearish trend with EMA50 at $2,660.69 acting as resistance. The oversold RSI at 28.25 hints at exhaustion while MACD death cross at -36.22 reinforces downside pressure toward Bollinger lower band support at $2,517.62 before testing those liquidation levels.