ETH: Hacker Buys 18,273 Tokens on Rebound

ETH surged as a hacker deployed 38.5 million DAI/USDS to acquire 18,273 ETH at an average $2,109 over five hours.

The stablecoins originated from 17,124 ETH received from Tornado nine months earlier and sold near $3,308. The address executed the buyback precisely during the strong rebound.

Price action shows ETH at $2263.79 testing upper Bollinger resistance at $2195.02 while RSI(14) prints 93.15 overbought and MACD holds a bullish golden cross at 70.11. With price above the upper band and momentum stretched, a healthy retracement toward the EMA50 support at $1939.15 appears probable before continuation. Traders tracking ETH price prediction models now watch the 50-EMA confluence for the next institutional entry zone.