Matrixport Whale: Closes 40K ETH for $9.9M Profit

Matrixport-linked whale closed 40K $ETH ($100.5M) booking $9.9M profit and now sits on 80K $ETH ($201M) plus 500 $BTC ($39M) with $22.9M unrealized gains after flipping from a $92.5M drawdown to a $32.8M net surplus. ETH price prediction models must factor this aggressive positioning as the 4-hour chart shows price at $2512.97 inside Bollinger Bands with upper resistance at $2632.85 while RSI(14) prints 95.09 overbought and MACD holds a golden cross; senior desks therefore eye a measured pullback toward the EMA50 support at $2106.92 before any extension higher. Bitcoin whale movements and crypto derivatives trading flows remain the dominant driver here rather than any broad crypto market crash narrative.