Ethereum Whale: Accumulates $170M ETH From Binance

Ethereum whale activity intensified as another 50K ETH (~$93.6M) left Binance, pushing total withdrawals to 90K ETH (~$170M) with 40K already staked, a move that echoes Bitcoin accumulation patterns seen over the past year.

Price action at $1876.95 remains below the EMA50 resistance at $1898.07 inside a bearish structure while the EMA200 at $1846.55 provides the next structural floor; the MACD death cross at -6.96 reinforces downside pressure even as RSI at 37.74 stays neutral, and the Bollinger upper band at $1947.02 now acts as immediate resistance with the lower band at $1866.12 marking the first volatility exhaustion target for any further pullback.