0x8dCe Whale: Rotates 464 BTC Into 17,750 ETH
0x8dCe whale swaps 464 BTC ($27.56M) for 17,750 ETH as ETH price sits at $1545.83 amid bearish 4h structure.
SourceAnalysis
0x8dCe whale executed a $27.56M rotation, swapping 464 BTC for 17,750 ETH in a single on-chain move tracked by Lookonchain.
Price action on the 4h chart shows ETH trading inside the Bollinger Bands with upper resistance at $1716.96 while the EMA50 at $1666.04 and EMA200 at $1824.25 cap upside; the MACD death cross at -38.75 keeps the structure bearish and RSI at 33.44 leaves room for continuation lower toward the $1529.94 band support before any sustained recovery.
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