ETH: New Wallet Buys 9823 ETH from Coinbase

ETH sees fresh accumulation as a new wallet address withdrew 9823 ETH from Coinbase nine hours ago at $2752.14, totaling $27.03 million in a single transaction.

Over the past twelve months large single trades above $10 million have grown more frequent, signaling stronger institutional interest in ETH price prediction models and broader crypto market crash resilience.

Technical confluence shows ETH trading at $2757.77 inside the Bollinger Bands with upper resistance at $2829.89; RSI at 69.65 remains neutral while the MACD death cross at 51.86 points to near-term caution, making a retracement to the EMA50 support at $2617.11 probable before any continuation higher.