Enigmatic Hyperliquid Whale Acquires $44.5M in Ether Long Positions Following Significant Crash Profits
Whale's New Position: The mysterious Hyperliquid trader has increased their Ether long position to $44.5 million, earning $300K in under an hour, following a previous $200 million profit from shorts during the October 10 market crash.
Identity Speculation: Despite speculation linking the trader to Garret Jin, former CEO of BitForex, he has denied ownership of the wallet, though he hinted at knowing the actual trader, keeping their identity a mystery.
Market Context: The whale's bullish bet on Ether comes amid signs of a broader market recovery, with analysts suggesting that the crypto market may be bottoming out.
Blockchain Analytics Insight: Arkham Intelligence has been tracking the whale's activities, labeling the wallet as an "unverified custom entity," which adds to the intrigue surrounding the trader's identity and market strategies.
Get Real-Time Alerts for Any Crypto Movement
Technical Analysis for ARKM
Technical Sentiment Analysis for Arkham (ARKM) As of , Arkham (ARKM) is exhibiting a Sell technical sentiment. Our proprietary analysis, which aggregates 4 technical signals, shows that 1 indicators are flashing buy, while 3 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status Currently, the Relative Strength Index (RSI) for ARKM stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the stock.
Support, Resistance & Moving Averages From a structural perspective, ARKM is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
Arkham (ARKM) Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | 0.0481 | 0.074 | 0.101 | 0.127 | 0.154 | 0.18 | 0.207 |
| Fibonacci | 0.074 | 0.0943 | 0.107 | 0.127 | 0.147 | 0.16 | 0.18 |
About ARKM
About the author








