Ethereum: Wallet Withdraws 5.3K ETH From Kraken
Ethereum wallet withdraws 5.3K ETH (~$9.98M) from Kraken, likely to stake, holding 5.43K ETH total amid whale flows.
SourceAnalysis
Ethereum saw a wallet pull 5.3K ETH (~$9.98M) from Kraken, following last month's 357.1 ETH withdrawal and 224 ETH stake, leaving the address with 5.43K ETH (~$10.25M) plus 224 ETH already staked at 0x8447A06F34e251ABeb55A0B7d5e01554F5072E0D.
With ETH price at $1876.9 inside the Bollinger bands, the EMA50 at $1886.74 acts as immediate resistance while the EMA200 at $1859.36 offers support; neutral RSI at 44.12 paired with a bullish MACD golden cross at -2.23 points to consolidation near the lower band at $1875.0 before any continuation in Ethereum large exchange withdrawals to staking contracts and their impact of whale ETH staking on network supply and yields.
Onchain Lens
@OnchainLensSimplifying onchain data for the masses