Whale: ETH Leverage Profits Hit Exchanges

Whale address 0x268448f31594f4636d03cbb4e813b94801e47643 withdrew 79226.49 ETH from Binance at $1776.83 average during July-August 2026 and now deposits 10887.15 ETH worth $24.16M to exchanges, locking in $4.817M profit on leveraged ETH and BTC positions.

Proceeds repay Spark borrowings while the address retains 47889 wstETH plus 1200 WBTC collateral against 83.67M USDS debt at 2.26 health factor. With ETH price at $2381.09 testing upper Bollinger resistance at $2495.67 while RSI flashes overbought at 93.59, a healthy retracement to the 50-EMA support at $2032.61 seems probable before further continuation amid sustained bullish MACD golden cross.