Whale: Opens $42.8M 4x Bitcoin Short With ETH Long

Whale address 0xedc…5d05a opened a 4x short on 546.69 BTC worth $42.8M at $78,561.3, bringing total holdings to $92.33M while the existing 20,000 ETH long already carries $10.725M in unrealized gains.

Price action on the 4h chart shows ETH at $2472.26 inside the Bollinger Bands with upper resistance at $2517.12 and lower support at $2451.59; the EMA50 at $2466.32 continues to act as immediate support above the EMA200 at $2270.32, yet the MACD death cross at 4.37 signals fading momentum even as RSI at 47.94 remains neutral, suggesting any test of upper-band resistance could trigger a quick pullback toward the 50-EMA before the next leg higher.