Lookonchain: Whale's $214M ETH Longs Near Liquidation

Lookonchain flagged a whale holding 93,184 ETH in long positions valued at $214 million, with liquidation prices at $2,256.45 and $2,226.53 if the market continues lower.

ETH trades at $2,297.26 on the 4h chart inside a bearish structure defined by the EMA50 at $2,420.71 and EMA200 at $2,499.03. Momentum shows RSI(14) at 26.47 in oversold territory while MACD registers a death cross at -21.4. Price tests the lower Bollinger support near $2,313.04 with upper resistance at $2,509.71. The proximity of current levels to the whale's liquidation zone creates clear downside risk; a break below $2,256 would likely accelerate selling as the oversold RSI offers only temporary relief before further pressure toward the next support cluster.