0x643 Wallet: Withdraws 8,450 ETH From FalconX

FalconX saw a newly created wallet 0x643 pull 8,450 ETH worth $14.4 million, following its 108K HYPE withdrawal worth $7.3 million the prior day.

ETH price action remains locked in a bearish trend on the 4h chart as price sits at $1712.03 beneath the EMA50 at $1724.04 and well below the EMA200 at $1876.83, while the MACD death cross at -9.92 keeps downside momentum intact; with RSI at 46.49 still neutral and price inside the Bollinger Bands, the next logical test appears at the lower band support of $1661.09 before any relief rally toward upper resistance at $1803.64 can develop, shaping near-term ETH price prediction models amid ongoing institutional flows.