ETH Whale: Deposits $74.68M into Binance
ETH whale deposits 43,235 ETH ($74.68M) to Binance while retaining 43,562 ETH staked, booking $12.7M losses as price sits at $1735.31.
SourceAnalysis
ETH whale activity intensified as one address sent 43,235 ETH worth $74.68M to Binance while keeping 43,562 ETH ($75.41M) staked and absorbing $12.7M in net losses. This move arrives against the backdrop of shifting ETH price prediction models and lingering crypto market crash fears that have dominated institutional desks over the past six months. On the 4h chart ETH trades at $1735.31 inside the Bollinger band with price testing upper resistance at $1838.76; the neutral RSI at 47.01 paired with the MACD death cross suggests a healthy retracement toward the EMA50 support at $1733.93 before any sustained continuation, while the distant EMA200 at $1892.74 remains the longer-term bull line.
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