Ethereum whale addresses dormant for five years woke four months ago to open leveraged longs, now risking $168 million in positions on DeFi protocols with liquidation prices at $1,555.04 and $1,565.72 after borrowing 135 million USDT against 104,772.57 WETH.

Price action on the 4h chart shows ETH trading at $1,579.64 inside a bearish structure defined by EMA50 at $1,895.04 and EMA200 at $2,097.41, while RSI at 15.36 signals deep oversold conditions and MACD at -81.28 confirms the death cross; with price already probing the lower Bollinger support at $1,612.34, any further 35-dollar slide triggers immediate liquidation cascades typical in Aave-style mechanics.