ETH: Three Wallets Accumulate 50K Tokens

ETH saw three fresh wallets snap up 50,000 tokens for $88.25 million over the past 10 hours, a move that mirrors Bitmine’s prior accumulation style though one wallet may belong to a separate whale.

Price sits at $1756.11 inside the Bollinger Bands with the lower support at $1752.89 and upper resistance at $1801.92. The 50-EMA at $1728.74 and 200-EMA at $1748.34 both act as layered support beneath current levels while RSI at 48.96 remains neutral and MACD prints a death cross. With price hugging the lower band and momentum indicators mixed, a quick test of the 50-EMA support appears likely before any sustained push higher.