A Matrixport-linked whale has opened a fresh long position on 7000 ETH worth $17.44M after depositing 10M USDC into a new wallet on Hyperliquid.
The whale had previously flipped a $92.5M loss into a $27.9M profit and was known to have been involved in large ETH trades.
The current price of ETH sits at $2483.72 inside the Bollinger band, with key long-term floors at the bullish EMA50 ($2395.07) and EMA200 ($2112.63).
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