ETH Whale: Sells 17,598 ETH After Eight-Year Hold

ETH whale offloaded 17,598 tokens in a single hour at $1,548, converting the lot into 27.245 million USDS and locking in 12.65 million dollars of profit on holdings acquired in February 2018.

The address pair first received 37,602 ETH when the token traded at $829; the recent sale represents roughly half that original position.

At $1578.46 price sits beneath the 50-EMA at $1670.8 and the 200-EMA at $1826.78, locking in a bearish trend structure while MACD prints a fresh death cross at -37.18. RSI at 37.38 remains neutral and price tests the lower Bollinger band near $1534.65, suggesting the whale exit coincided with short-term volatility exhaustion rather than a reversal signal.