Matrixport Whale Closes $398M BTC, ETH Positions
Matrixport-linked whale dumps 1,500 BTC ($112M) and 120,000 ETH ($286M) for $59M profit amid ETH price prediction volatility and Bitcoin whale movements.
SourceA Matrixport-linked whale just liquidated all long positions across four wallets in the last two days, offloading 1,500 BTC worth $112.35 million and 120,000 ETH valued at $286 million, locking in a hefty $59 million profit amid surging Bitcoin whale activity and crypto market volatility.
Zooming into the ETH 4-hour chart, price action at $2,361 holds firm in a bullish structure, comfortably above the EMA50 support at $2,256 and the EMA200 at $2,149, signaling sustained upward momentum. The MACD flashes a golden cross with a reading of 34.72, confirming buyers dominate, while RSI at 62.74 stays neutral—leaving room for extension toward the upper Bollinger Band resistance at $2,452 before any volatility exhaustion pulls it back to test that key EMA50 level, a classic setup we've seen play out in recent ETH price prediction scenarios amid broader crypto market crash fears.
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