Whale Trader: Locks $14M ETH Profit, Shorts 650 BTC
Whale opens 20k ETH long at $1936 for $14.06M unrealized gain and shorts 650 BTC at $84057 with $950K profit on Bitget.
SourceAnalysis
Whale trader opened a 20,000 ETH long at $1,936 early in the current move and now holds $14.06 million in unrealized profit while adding a 650 BTC short at $84,057 for an additional $950,000 gain.
Price action on the 4h chart shows ETH trading inside the Bollinger Bands near lower support at $2,647.65 with the MACD death cross at -5.97 locking in bearish momentum; the 50-EMA at $2,666.69 now acts as immediate resistance while the 200-EMA at $2,495.76 offers deeper structural support, pointing to a likely test of that lower band before any sustained recovery attempt.
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