Ethereum Foundation: Wallets Send 4393 ETH to Kraken

Ethereum Foundation wallets moved 4393 ETH valued at $11.13 million into Kraken four hours ago. The sending address first received 59751 ETH from the foundation a decade earlier and has since deposited 49751 ETH onto the exchange at an average price near $658.

Price sits at $2545.34 on the 4-hour chart, pressing directly against the upper Bollinger Band at $2545.04 while the EMA50 at $2569.43 and EMA200 at $2581.95 cap any upside. MACD has printed a golden cross yet RSI at 53.5 shows no momentum edge, so the next leg higher will likely stall until a clean retest of the $2465.59 lower band or a decisive close above the 50-EMA.