Did your phone blow up yet? ETH’s moves are so wild that my whole friend circle is going crazy—aren’t you up and watching yet?

That “Bitcoin OG” who’s been dormant for eight years is at it again. Last night, they dumped $160 million right at the $2,900–3,000 level, going all-in on ETH with 5x leverage! The whole market is stunned, right? But look at the 4-hour chart—MACD is still dead-crossing, even with that much real money flying around. It’s like the gods are battling!

This whale isn’t your average player. They’ve been sitting on 50,000 ancient bitcoins, barely moving them, and their recent plays are even crazier: during the big drop in October, they shorted hours in advance—easy $100 million profit; every move is perfectly timed, matching Fed policies and big news releases to the second. Now, opening 5x leverage near $2,900? Either they know some major good news in advance, or… they’re digging a huge trap for everyone else.

The technicals are even more intense:
Price is at $3,078 now, with two iron walls at $3,200–3,270 above; double support at $2,900–2,750 below. MACD is flashing red, but volume is quietly rising, and the chip peak is shifting lower—clear sign that someone’s secretly accumulating like crazy!

Bottom line: the whale is leading the longs, but the indicators are flashing bearish warnings. $3,200 is the hurdle—whether it can be smashed through in one shot depends on whether that $160 million can withstand the sell pressure. If not, a pullback to $2,900 before takeoff isn’t out of the question.

So tonight—will it be the king’s return, or a huge bull trap? Get your leverage ready, get your popcorn ready, the show’s about to start!