Whale: Reopens $30M Leveraged ETH Long

Whale address 0x7099c7d7fca074062a0fc593a35f788605bcad6e reopened a $30M leveraged long on ETH after six months, posting 10570 ETH collateral to borrow 30M USDS and buying 14730.36 wstETH near $2028. On-chain data shows the position built over 14 hours via repeated USDS draws on Bitget. ETH price sits at $1683.4 inside its Bollinger band with upper resistance at $1765.58 while the EMA50 at $1767.85 caps upside and the EMA200 at $2033.58 marks deeper resistance; RSI at 50.62 stays neutral yet MACD has printed a bullish golden cross at -50.18, suggesting any rejection at band resistance could target the 50-EMA before continuation. This on-chain whale accumulation pattern and leveraged ETH positions continue to shape ETH price prediction models amid broader crypto flows.