ETH: Four Wallets Sell 37,598 ETH for $58.69M

Four wallets sold 37,598 ETH for $58.69M USDS at an average $1560, including two additional wallets that dumped 20,000 ETH for $31.44M after an earlier pair of wallets linked to Alex Mashinsky moved 17,598 ETH for $27.24M.

Price action on the 4h chart shows ETH trading at $1583.36 beneath the EMA50 at $1662.78 and EMA200 at $1822.16 with MACD at -36.79 locking in the death cross; RSI at 41.59 keeps momentum neutral while the position inside the Bollinger Bands between $1527.69 support and $1709.18 resistance suggests a likely retracement to the 50-EMA before any continuation attempt.