Anchorage Digital: Stakes $109.9M ETH in Eth2.0

Anchorage Digital linked wallet deposited 55,594 ETH valued at $109.9M into Ethereum 2.0 staking, highlighting continued institutional flows into large-scale deposits.

Price action on the 4h chart shows ETH at $1856.62 testing lower Bollinger support near $1875.15 while EMA50 at $2010.43 and EMA200 at $2147.25 cap upside, locking in the bearish trend. RSI at 20.3 signals oversold conditions and MACD death cross at -35.19 adds downside pressure, yet Ethereum 2.0 staking mechanics from large deposits like this often create structural bids that can stabilize price before any relief rally.