ETH Whale: Dormant Wallet Loops $33M on Aave V3

ETH whale wakes after three-year dormancy, supplying 20,000 ETH worth $33.28M to Aave V3, borrowing $30M USDT and purchasing 17,826 ETH at $1,683 via loop borrowing to expand holdings to 56,380 ETH valued at $94.04M.

Price action on the 4h chart shows ETH trading at $1679.37 inside the Bollinger band with lower support at $1650.18 while EMA50 at $1908.51 and EMA200 at $2102.49 act as firm resistance; RSI at 21.4 signals oversold conditions and MACD at -70.71 confirms the death cross, pointing to a likely test of the $1650 band before any sustained recovery in ETH price prediction models amid broader crypto market crash fears.