Chun Wang: Buys 9,937 ETH and 147 WBTC
Chun Wang withdraws 86,998 ETH ($152M) from Binance at $1,749 average as ETH trades at $1546.67 on 4h chart.
SourceAnalysis
Chun Wang purchased another 9,937 ETH ($15.5M) and 147 WBTC ($8.74M) today, extending his Binance withdrawals to 86,998 ETH ($152M) at a $1,749 average and 973 WBTC ($60.7M) at a $62,418 average over the past month.
Price action on the ETH 4h chart shows a bearish trend with price at $1546.67 sitting below both the EMA50 at $1661.34 and EMA200 at $1821.79 while the MACD registers a death cross at -39.72; RSI at 33.7 remains neutral and price trades inside the Bollinger Bands between $1521.49 support and $1711.71 resistance, pointing to exhaustion that could pressure ETH price prediction models if Bitcoin accumulation trends accelerate during any crypto market crash scenario.
Lookonchain
@lookonchainLooking for smartmoney onchain