Whale 0x30afce: $11.7M ETH Long Liquidated

Trader 0x30afce2f6842bf183c7e3fe7162e279ff0b6393e opened a $187 million leveraged long across 1,822 BTC and 15,270 ETH two days ago, yet 4,890 ETH ($11.74 million) were wiped out at $2,356, marking the session low according to @EmberCN.

The address previously booked a $14.8 million profit on a NEAR long closed in September. The current ETH position carried a liquidation threshold at $2,406, and the fill at $2,356 aligned precisely with the downward wick observed overnight.

Price now sits at $2405.83 beneath both the EMA50 at $2473.71 and EMA200 at $2538.5, confirming the bearish structure on the 4-hour chart. MACD has printed a golden cross at -17.88 while RSI holds neutral at 41.72. With price testing the upper Bollinger band resistance at $2481.43 and the lower band support at $2362.42, the wick to $2356 likely exhausted short-term volatility; a retest of the EMA50 zone remains the next logical confluence level before any sustained recovery attempt.