Matrixport Whale: Opens 20x Long on 7000 ETH

Matrixport-linked whale who flipped a $92.5M loss into $27.9M profit just opened a fresh 20x long on 7000 ETH worth $17.44M after depositing 10M USDC into a new wallet on Hyperliquid.

Price sits at $2483.72 inside the Bollinger band with upper resistance at $2524.88 and lower support at $2441.35; the bullish EMA50 at $2395.07 and EMA200 at $2112.63 act as key long-term floors while MACD death cross at 22.24 and neutral RSI 54.23 suggest a healthy pullback to the 50-EMA before continuation, shaping near-term ETH price prediction amid crypto market crash fears and AI industry impact on perpetual flows.