Entity: Deposits 112K ETH to Exchanges for $72.75M Gain

Entity pulled 130591.56 ETH from Bitfinex in April 2023 at a $2026.56 average for roughly $264 million, endured swings from $334 million unrealized gains down to a $65.83 million loss, then routed 112052.3 ETH back to exchanges over the past five days with the latest transfer just ten hours ago.

At the prevailing $2677.08 spot, liquidation would net the holder $72.75 million. The move arrives while ETH price prediction models factor in fresh supply pressure from long-term wallets. Bitcoin and ETH whale flows continue to shape short-term direction.

Price sits inside the Bollinger Bands with upper resistance at $2716.33 and lower support at $2668.69; the 50-EMA at $2668.52 now acts as immediate floor while the 200-EMA at $2490.37 anchors the broader bullish structure. RSI at 46.26 remains neutral and MACD shows a death cross at 2.57, so a test of the 50-EMA support looks probable before any extension higher.