Balancer Exploiter: Swaps ETH for BTC
Balancer hacker swaps 21,000 ETH ($48.72M) for 617.43 BTC over 3 days, leaving 1,000 ETH amid ETH price prediction volatility and Bitcoin market impact.
SourceThe Balancer Exploiter just dumped 21,000 ETH worth $48.72 million to snag 617.43 BTC at $0.0294 per unit over the past three days, slashing holdings to a mere 1,000 ETH ($2.32 million) that looks primed for another sell-off, per OnchainLens intel tracking crypto hacker activity in this volatile market.
Zooming into the ETH 4-hour chart, price action clings to $2,318.32 amid a bearish structure where the EMA50 at $2,323.91 acts as immediate overhead resistance, while the EMA200 down at $2,237.92 provides deeper support that could cap downside if sellers pile in. MACD flashes a death cross with -6.36 signaling sustained bearish momentum, yet neutral RSI at 46.94 hints at no extreme exhaustion; meanwhile, trading inside Bollinger Bands with upper resistance at $2,355.66 and lower support at $2,292.48 suggests volatility could spike if we break out, aligning with broader ETH price prediction trends and potential Bitcoin market impact from these swaps, especially as institutional flows eye BTC amid hype around assets like TAO.
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