Whale: Opens $35M ETH Short on Hyperliquid

Whale opened a 22,000 ETH short position with 20x leverage valued at $35.37M and a liquidation price of $1,758.59 on Hyperliquid perpetual futures whale trading platform.

Price action at $1602.52 sits below the EMA50 at $1608.25 yet well under the EMA200 at $1755.87, creating confluence with the whale liquidation level; the neutral RSI at 52.25 paired with MACD golden cross at 2.05 suggests momentum may test upper Bollinger resistance near $1627.19 before any retracement toward lower band support at $1552.82, directly informing current ETH price prediction models and large leveraged ETH short positions by whales history.