Whale: $1.22M ETH Profit on CPI Trade

Whale opened a $60 million ETH long on Hyperliquid at 8 a.m. ahead of the CPI release, correctly betting on a market rebound, then closed the entire position two hours later for a $1.22 million profit.

Price sits at $1646.43 inside the Bollinger Band with upper resistance at $1710.83. The bearish structure defined by EMA50 at $1716.36 and EMA200 at $1982.53 remains intact, yet MACD has printed a bullish golden cross at -14.49 while RSI at 46.37 shows neutral momentum; this confluence points to a likely test of the $1710.83 band before any deeper retracement toward the $1604.99 lower band or the 50-EMA support.