ETH: Whale Sells 5000 Tokens After Two-Year Hold
ETH whale sells 5000 tokens at $1913.62 after two-year hold, realizing $13.28M loss from $3219 average entry amid neutral RSI and bearish MACD.
SourceAnalysis
ETH long-term holders are capitulating as a whale offloaded 5000 tokens hours ago after holding more than two years, booking a $13.28M loss on the position acquired at a $3219 average.
Price sits at $1913.62 inside the Bollinger Bands with upper resistance at $1973.82 and lower support at $1843.5. The 50-EMA at $1896.82 and 200-EMA at $1815.49 frame a bullish structure, yet the MACD death cross at 3.29 signals fading momentum while RSI at 52.17 remains neutral. With price testing upper Bollinger resistance while the death cross flashes, a healthy retracement to the 50-EMA support at $1896.82 appears probable before any continuation attempt. This capitulation fits broader crypto market crash fears and feeds directly into current ETH price prediction models.
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