A single Matrixport entity just liquidated 1,150 BTC and 95,000 ETH long positions across three wallets, banking a hefty $48.19M in realized profits. This whale now concentrates firepower in one wallet with a 25,000 ETH long at 20x leverage, sitting on $8.1M in floating gains—classic institutional repositioning that screams confidence in ETH's upside amid recent BTC volatility and broader crypto trading profits chasing.

On the 4-hour ETH chart, price action at $2319.74 rides a clear bullish structure, hugging above the EMA50 at $2235.12 and EMA200 at $2136.66 as rock-solid supports that have held firm through the last six months' swings. MACD's golden cross at 35.06 signals strengthening momentum, while RSI at 58.58 stays neutral, avoiding overbought territory and leaving room for continuation—yet with price nestled inside Bollinger Bands, that upper resistance at $2424.36 could cap gains short-term, setting up a potential dip to the lower band support near $2114.91 before bulls reload, especially if whale moves like this fuel ETH price prediction rallies or tie into viral trends like TAO ecosystem hype.