Whale 0x50b Closes ETH Short Losing $9.4M

Whale 0x50b closed its ETH short on Hyperliquid, booking a $9.386M loss that cut cumulative profit from $6.6M to -$2.3M while keeping the 228.7 BTC (20x) long open.

Price sits at $1757.67 inside the Bollinger band with upper resistance at $1798.69; RSI(14) at 72.12 signals overbought conditions and MACD golden cross remains intact above EMA50 support at $1650.1, suggesting on-chain tracking of leveraged ETH short positions often precedes a measured pullback before any fresh continuation in ETH price prediction models.