ETH Whale: Adds 10k More From Galaxy Digital

ETH whale address 0x8c5…A04b1 took delivery of another 10,000 ETH worth $19.1 million from Galaxy Digital in the last five hours, pushing cumulative accumulation since July 23 to 37,000 ETH valued at $71.13 million at an average entry of $1,922.5.

Price action on the 4h chart shows ETH trading at $1,896.92 inside the Bollinger Bands with the upper resistance at $1,909.35 and lower support at $1,835.38; the token sits comfortably above both the EMA50 at $1,880.09 and EMA200 at $1,832.45 while MACD registers a bullish golden cross at 5.72 and RSI holds neutral at 56.83, indicating the whale’s position remains supported by the longer-term moving averages even as it tests short-term volatility exhaustion near the upper band.