0x064 Whale: Sells 5,671 ETH for $8.9M

0x064 wallet sold 5,671 ETH for $8.938M USDS at $1,576 following two years of dormancy, according to on-chain data from @OnchainLens.

Long-dormant Ethereum whale movements like this often precede volatility spikes, especially when large holders exit positions near current spot levels.

Price action on the 4h chart shows ETH trading at $1583.7 inside Bollinger Bands with upper resistance at $1692.92 and lower support at $1519.4. The bearish structure holds below EMA50 at $1653.24 and EMA200 at $1815.89, yet MACD registers a bullish golden cross at -31.7 while RSI sits neutral at 42.18, suggesting any push toward upper band resistance could stall and retrace toward the 50-EMA before continuation.