Alex Mashinsky: Wallets Sell 17,598 ETH for $27.24M

Alex Mashinsky-linked wallets sold 17,598 ETH for $27.24M USDS at an average $1,548, data from OnchainLens shows on June 26 2026.

Price sits at $1,573.2 inside Bollinger Bands with lower support at $1,533.75 and upper resistance at $1,730.63; the EMA50 at $1,670.6 and EMA200 at $1,826.73 mark clear resistance while MACD at -37.6 confirms the death cross and RSI at 36.14 leaves room for further downside before any bounce. This on-chain distribution arrives as traders update ETH price prediction models amid fresh crypto market crash concerns and limited AI industry impact on sentiment.