Ethereum OG: Sells 55,000 ETH for $112M
Ethereum OG dumps 55,000 ETH and 9,442 wstETH for $136M at $2,041 average while ETH trades at $2008.62.
SourceAnalysis
Ethereum OG addresses offloaded 55,000 $ETH ($112.25M) plus 9,442 $wstETH ($24M) over the past week at a $2,041 average, according to @lookonchain data. ETH currently prints $2008.62 on the 4h chart inside the Bollinger band between $1960.4 support and $2086.84 resistance, with price holding below the EMA50 at $2065.54 and EMA200 at $2181.97 in a bearish structure. Momentum shows RSI(14) at 40.1 in neutral territory while MACD registers a bullish golden cross at -18.53, suggesting any bounce toward upper-band resistance may stall before testing the 50-EMA confluence zone. This whale transaction flow adds fresh supply pressure that sharpens focus on ETH price prediction models and short-term crypto market crash scenarios for institutional desks tracking on-chain distribution.
Lookonchain
@lookonchainLooking for smartmoney onchain