Lookonchain

A BIT-linked Ethereum whale has expanded a leveraged ETH long to 8,000 ETH, worth nearly $20 million, after a major recovery from prior drawdowns. Technical traders are watching whether ETH can clear the $2,520 to $2,540 resistance zone and extend toward $2,840.

Wallets tied to Trump Media moved 2,628 bitcoin worth about $165 million to Crypto.com, leaving roughly 4,261 bitcoin in tagged addresses. The remaining balance now closely matches the 4,260.73 bitcoin the company previously listed as collateral for convertible notes, making its next 10-Q central to understanding whether the transfers were custody movements or sales.

Hyperliquid’s HYPE token is under pressure after reported whale unstaking and exchange transfers followed a sharp pullback from its recent high. Technical traders are watching the $58 area, where a breakdown could open the door to a 14% decline and a possible retest of lower levels.