Abraxas Capital: Supplies $39M to Aave
Abraxas Capital supplied $39M to Aave with 15K ETH and 9.9M USDT; ETH price prediction shifts as price holds $1755.86 on 4h chart.
SourceAnalysis
Abraxas Capital supplied ~$39M to Aave over the past 24 hours, including 15K ETH ($26.42M), 9.912M USDT ($9.91M) and 49.986 WBTC ($3.08M), with an additional 7K ETH ($12.27M) and 4.412M USDT ($4.41M) in the last two hours.
Price action on the 4h chart shows ETH at $1755.86 inside the Bollinger Bands with upper resistance at $1809.64; the 50-EMA at $1732.94 and 200-EMA at $1745.85 act as layered support while RSI sits neutral at 50.95 and MACD prints a death cross, pointing to a likely retracement toward the 50-EMA before any continuation higher.
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