🚨 Crypto Market Crash Incoming? Whale Secures $33.8M Profit 🐋💰
Machi Big Brother — one of the most influential whales in the market — has closed all long positions, locking in over $33.8 million in profits. With both Bitcoin and Ethereum showing signs of an overheated market, this move has traders on edge.
📉 Bitcoin’s Technical Picture
BTC has faced double rejection at $120K, failing to break resistance. Breakout attempts are showing low volume, suggesting weak buying pressure. Price is stuck in a narrowing range, with the 26-day and 50-day EMAs catching up — a setup that could trigger a sharp move if momentum drops.
📈 Ethereum’s Situation
ETH is pushing toward $4,700 with little resistance ahead, but the RSI shows bearish divergence — a warning sign of slowing momentum. Recent price surges are happening on lower volume, hinting that buyers might be losing steam.
⚠ Why Whales Are Exiting Now
Overbought Technicals – Both BTC & ETH are stretched far above key moving averages, with divergences signaling possible pullbacks.
Redistribution Phase – Whales often sell into retail FOMO, redistributing liquidity before a potential market reversal.
Historically, whales exiting at local highs has preceded sharp corrections — but this could also be profit-taking ahead of short-term consolidation.
🔍 Key Watch Levels
BTC must break $120K to avoid further retracement.
ETH’s divergence turning into reality could mean a deeper pullback.
This might be a shakeout before another leg up — if fresh buying pressure steps in. The big question: Can retail demand fill the gap left by whale exits?