Ethereum OGs: Wallets Sell 33,623 ETH After 8 Years

Four Ethereum OG wallets offloaded 33,623 ETH worth $52.46 million at around $1,560 following an eight-year hold that began with 37,602 ETH acquired at roughly $830. Their sales mark the end of dormancy despite missing higher profits from prior bull runs. This activity ties into Ethereum early investors 2018 wallet activity and ETH price history 2018 bull run peaks vs 2026.

Price sits at $1562.92 with bearish momentum as MACD shows death cross and price below EMA50 resistance of $1666.71, suggesting a test of Bollinger lower support near $1533.51 that shapes ETH price prediction amid ongoing selling pressure.