ETH Whale: Deposits 2010 ETH to Binance With $12.7M Loss

Ethereum whale address 0x446BC9fa32Bd0BE37C3039167A1a3ED049f93f17 deposited 2010 ETH ($3.3M) to Binance after seven months of dormancy, locking in a $12.7M loss from an earlier withdrawal of 10026 ETH purchased for $29.26M; the address retains 8016 ETH valued at $13.24M.

Price action on the 4h chart shows ETH at $1661.63 testing the lower Bollinger Band support at $1683.03 while the EMA50 at $1725.0 and EMA200 at $1859.83 cap any recovery, with MACD locked in a death cross at -7.05 and RSI at 34.39 leaving room for further downside before a bounce to the $1773.1 upper band resistance.