ETH Whale: Deposits 1988 Tokens to Bybit

ETH whale address 0x907…CC0a9 deposited 1988 ETH valued at $3.53 million to Bybit four hours ago, crystallizing a $2.785 million loss from the January 20 entry at $3178.78.

Price action on the 4h chart shows ETH trading inside the Bollinger Bands with upper resistance at $1801.32 while the 50-EMA at $1719.85 continues to act as primary support above the 200-EMA at $1747.99; the neutral RSI at 56.63 paired with the MACD death cross at 20.97 signals momentum has stalled, favoring a measured retracement toward the lower band at $1751.32 before any sustained recovery attempt.