ETH Whale: Deposits 3466 ETH to Kraken After Dormancy
Dormant Ethereum whale sends 3466 ETH worth $7M to Kraken, with ETH price at $2026.14 testing lower Bollinger support amid bearish EMA structure.
SourceAnalysis
Ethereum whale address 0x9295dEcc41B41EBC45472F93fcD3203CA27a0bFA moved 3466 ETH valued at $7M into Kraken after two years of inactivity, reviving scrutiny around dormant Ethereum whale wallet activity and large ETH deposits to Kraken exchange implications.
ETH trades at $2026.14 on the 4h chart, testing the lower Bollinger Band support at $2029.14 while the EMA50 at $2105.73 and EMA200 at $2203.28 cap upside as resistance; the MACD death cross at -17.41 reinforces bearish momentum even as RSI at 31.55 leaves room for a relief bounce before any sustained ETH price prediction shift.
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