ETH Whale: Sells 6000 ETH to Repay Aave at $2496

ETH whale address 0x54d2504 reduced exposure by offloading 6000 ETH at $2496 four hours ago, converting proceeds into 14.97 million USDe to settle Aave debt while maintaining 143800 ETH valued at $362 million against $181 million in loans for overall 2x leverage.

Price action on the 4h chart shows ETH at $2507.87 inside the Bollinger band with upper resistance at $2514.91 and lower support at $2466.95, EMA50 holding at $2472.53 as concrete support above the EMA200 at $2278.78, MACD golden cross at 6.72 confirming trend strength while RSI at 57.14 leaves room before overbought conditions trigger a pullback to the 50-EMA.