Whale 0xaea…c2416 Closes 25x ETH Short for $692K

Address 0xaeaab54bbf65bfd6efed7d2eb68372298e3c2416 closed its 25x ETH short on Hyperbot.network yesterday at an average price of $2,239.5, booking a $692,000 profit on the five-day trade that began at $2,311.92 with 9,700 ETH.

The position peaked at $1.337 million in unrealized gains before the exit; the address has now pushed cumulative profits to $7.57 million, partially offsetting a $916,000 loss from an earlier October BTC short.

Price action on the 4h chart shows ETH trading inside the Bollinger Bands with upper resistance at $2,416.46 while the EMA50 at $2,329.25 and EMA200 at $2,452.52 continue to cap upside; the MACD death cross at -30.75 keeps the structure bearish and the RSI at 36.33 leaves room for further downside toward the lower band at $2,190.72 before any sustained recovery.