Whale 0xce8: Flips to $39.5M ETH Long on Hyperliquid

Whale 0xce82df2573ecb0a76db15c0ff380ef65e9258c97 closed its ETH short and flipped into a 19,752 ETH (20x) long position valued at $39.5M carrying a floating loss above $205K on Hyperliquid.

Price action shows ETH at $1995.55 inside the Bollinger band with lower support at $1994.15 and upper resistance at $2037.26; the 50-EMA at $2048.13 continues to act as overhead resistance while the 200-EMA at $2167.11 defines the broader bearish structure. Momentum remains mixed as RSI(14) at 37.89 sits neutral and MACD registers a bullish golden cross at -11.02, suggesting any bounce toward the upper band may stall before testing the 50-EMA confluence zone.