Chun Wang: Withdraws 4,950 ETH From Binance

Chun Wang pulled 4,950 ETH worth $7.74M from Binance, lifting his cumulative withdrawals since May 26 to 91,945 ETH ($159.9M) plus 973 WBTC ($60.72M). ETH price prediction models now face fresh supply pressure as large holders move coins off-exchange. Crypto market crash fears remain muted while AI industry impact on blockchain demand stays elevated. On the 4h chart ETH trades at $1583.76 inside the Bollinger band with upper resistance at $1631.96; the bearish EMA structure places concrete resistance at the EMA50 $1633.65 and EMA200 $1799.28, yet the MACD golden cross at -19.23 hints at building momentum that could test those levels before any deeper retracement to the lower band support at $1532.85.