Ethereum Foundation: 4393 ETH Deposited to Kraken

Ethereum Foundation linked addresses deposited 4393 ETH to Kraken over the past six hours for $11.13 million at an average $2534. The wallets previously received 59751 ETH from the foundation a decade ago.

Price action on the 4h chart shows ETH at $2553.11 testing upper Bollinger resistance at $2547.19 while the EMA50 at $2569.73 and EMA200 at $2582.03 cap upside in a bearish structure. RSI at 55.73 remains neutral and MACD registers a bullish golden cross at -11.31, suggesting any rejection at the band could pull price back toward the 50-EMA support before the next directional move.