Bitget: ETH Inflows Reach 28,900 After Withdrawals

Bitget recorded net inflows of $31.73 million from 0:00-8:00 today after opening withdrawals, with ETH inflows hitting 28,900 coins against 7,266 outflows; the largest single deposit came from address 0x714...d22 moving 20,000 ETH worth $54.66 million from Lido into the exchange's PoolX for 11.27% APR, while Bitcoin and BTC lock-up products also helped reverse prior outflows.

Price action on the 4h chart shows ETH at $2670.58 inside the Bollinger band with upper resistance at $2729.03 and lower support at $2640.60; the EMA50 at $2673.53 acts as immediate resistance while the EMA200 at $2518.79 provides longer-term floor, and the MACD death cross at -1.95 combined with neutral RSI at 47.09 suggests any bounce from the current level will likely stall at the upper band before testing the 50-EMA confluence zone.