ETH Entity: 2023 Accumulator Clears 128k ETH to Exchanges

ETH entity that accumulated 130591 tokens from Bitfinex in 2023 at $2026 average has now shifted 128972.05 ETH worth $345 million to exchanges over the past week at $2680.31 mean price, locking in roughly $84 million profit before emptying the wallet. The latest 16919 ETH move three hours ago valued at $45.85 million completes the apparent exit. With price at $2678.36 inside the Bollinger band testing upper resistance at $2716 while the 50-EMA at $2668.57 and 200-EMA at $2490.38 define the bullish structure, the neutral RSI at 46.58 and MACD death cross at 2.67 point to short-term volatility exhaustion that could pull price back to the 50-EMA support before any continuation higher. ETH price prediction models now watch whether this distribution accelerates broader crypto market pressure or simply clears long-term supply.