Erik Voorhees: Addresses Buy 23K ETH at $2,051
EmberCN reports three addresses linked to Erik Voorhees spent 47.36 million USDT to acquire 23,091 ETH at an average price of $2,051 as ETH fell just 1.7 percent against a 3.4 percent BTC drop.
SourceAnalysis
Erik Voorhees-linked addresses bought 23,091 ETH with 47.36 million USDT at an average $2,051 over the past day, helping ETH limit losses to 1.7 percent while BTC dropped 3.4 percent.
The accumulation stands out after similar large on-chain purchases by high-profile wallets in the prior six months that repeatedly marked local bottoms during broader market drawdowns.
ETH trades at $2011.6 inside the Bollinger Bands with the lower support at $1986.19 and upper resistance at $2130.79; the 50-EMA at $2138.32 and 200-EMA at $2328.22 define the bearish structure overhead, yet the MACD golden cross at -41.36 signals building momentum even as RSI at 30.42 remains neutral and leaves room for a test of the lower band before any sustained rebound.
余烬
@EmberCNAnalyst about On-chain Analysis