ETH Whale: Deposits 7981 Tokens to FalconX

ETH whale address 0x643…CF565 deposited 7981 ETH valued at $14.99 million into FalconX three hours ago, following cumulative July inflows of 10735.8 ETH totaling $20.04 million since the original June purchase of $30.05 million.

With cost basis near $1637 and average deposit price at $1867, the remaining 7625 ETH position shows $1.86 million in floating profit while the same wallet withdrew 108000 HYPE tokens worth $7.3 million yesterday.

Price action at $1884.73 sits just below the EMA50 resistance at $1889.99 yet comfortably above the EMA200 support at $1853.78, with MACD confirming a bullish golden cross at -3.59 and RSI neutral at 48.84; the position trades inside Bollinger bands bounded by $1903.48 upper resistance and $1867.46 lower support, suggesting any push toward the upper band could trigger short-term volatility exhaustion before a measured retracement to the 50-EMA level.