Whale @0xbilly: Loses $220K Flipping ETH in 24 Hours

@0xbilly dumped 2409 ETH at the daily low of $1569.5, booking a $220K loss on a position acquired just 24 hours earlier for $400K USDC at $1660.2.

The same address repeated the pattern in March, chasing 7768.5 ETH at $2254 before exiting four days later with an $800K loss.

ETH price action on the 4h chart shows price at $1618.21 inside the Bollinger bands with lower support at $1582.84 acting as immediate floor while EMA50 at $1697.77 and EMA200 at $1842.62 cap any recovery as resistance. MACD death cross at -28.63 confirms bearish momentum and RSI at 35.71 leaves room for further downside before the next test of the 50-EMA.