Ethereum ICO Whale: Deposits $4.99M ETH to Coinbase
An Ethereum whale that acquired 40042 ETH during the 2015 ICO transferred 2118.65 ETH worth $4.993 million to Coinbase, according to @ai_9684xtpa, after consolidating holdings from five addresses.
SourceAnalysis
Ethereum ICO participant who bought 40042 ETH at roughly $0.31 per token moved 2118.65 ETH valued at $4.993 million to Coinbase five hours ago, per data shared by @ai_9684xtpa.
The address, active since the 2015 sale and dormant for years after consolidating from five wallets, now faces a potential 7601x return on any sale.
Price action on the 4h chart shows ETH at $2312.17 inside the Bollinger Bands with upper resistance at $2377.27; the bearish structure defined by EMA50 at $2367.88 and EMA200 at $2470.4 keeps sellers in control even as MACD prints a golden cross at -4.66 while RSI sits neutral at 40.91, suggesting any bounce toward the upper band will likely stall and retrace toward the 50-EMA before the next directional move.
Ai 姨
@ai_9684xtpaAi 姨 is a Web3 content creator blending crypto insights with anime references