ETH: New Wallet Pulls 17675 Tokens from Binance
ETH whale address 0xA70…37287 withdraws 17675 ETH from Binance at $1617, now holding $28.58M position with $667K unrealized gain at $1625.64.
SourceAnalysis
ETH saw a fresh whale accumulation as new address 0xA70…37287 withdrew 17675 tokens from Binance three hours ago at $1617, establishing a $28.58M position now showing $667K in floating gains.
Price action on the 4h chart reveals ETH trading inside the Bollinger Bands with lower support at $1573.12 and upper resistance at $1768.51. The bearish MACD death cross at -25.41 keeps the structure aligned below both EMA50 at $1691.07 and EMA200 at $1837.05, while RSI at 39.92 offers no immediate overbought warning. Institutional desks will watch whether this withdrawal marks continued accumulation ahead of any test of the 50-EMA resistance zone.
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