Matrixport Whale: $92.5M Loss on 120000 ETH Holdings

Matrixport-linked whale now sits on more than $92.5M unrealized loss after the latest crypto market crash slammed its 120000 ETH position valued at $187M and 500 BTC holding at $29.33M.

Price action on the ETH 4h chart shows the token trading at $1565.17 inside the Bollinger band near lower support of $1560.9 while EMA50 at $1688.7 and EMA200 at $1836.45 act as overhead resistance in a confirmed bearish structure; the MACD death cross at -30.23 and neutral RSI of 32.06 together signal sustained downside pressure before any relief rally materializes.