ETH Whale: Sells 42,000 Tokens to Galaxy Digital

ETH whale transferred 42,000 ETH ($112 million) to Galaxy Digital seven hours ago, realizing $21.12 million profit after the overnight dip.

The entity accumulated 52,000 ETH over two months at a $2,161 average cost, including a fresh 15,000 ETH purchase yesterday at $2,751.

With ETH price at $2683.42 holding above the EMA50 support of $2634.18 while MACD prints a death cross, the position suggests a healthy retracement to the 50-EMA before any test of upper Bollinger resistance at $2804.92; neutral RSI at 50.39 keeps the near-term ETH price prediction range-bound inside the bands.