Pension-usdt.eth: Opens $46M ETH Short on Hyperliquid

Pension-usdt.eth whale opened a fresh 26,499 ETH short at 3x leverage worth $46M on Hyperliquid with an additional order queued to scale higher.

Price sits at $1737.25 inside Bollinger bands, testing upper resistance near $1762.95 while the 50-EMA at $1726.05 acts as immediate support and the 200-EMA at $1871.16 caps the broader structure; neutral RSI at 53.05 paired with MACD golden cross suggests any pullback targets the 50-EMA before continuation. Large leveraged ETH short positions on perpetual futures often accelerate downside moves once stops cluster below that EMA50 level, shaping near-term ETH price prediction scenarios.