Ethereum Whale: Accumulates 6000 ETH Since Aug 17

Ethereum whale address 0xa69Cbb8Cafb5609EF5B4DE3D26C2067ca4149eAd has scooped 6000 ETH since August 17 at an average $2427.29, lifting the position to $14.56 million with $130,000 in floating profit.

The address added the final tranche three hours ago, continuing the accumulation pattern tracked via Arkham Intelligence on-chain data.

Price action on the 4h chart sits at $2445.18 inside the Bollinger Bands, testing upper resistance at $2513.77 while the 50-EMA at $2333.36 and 200-EMA at $2061.56 anchor the bullish structure; RSI at 54.38 leaves room before overbought territory despite the MACD death cross, suggesting a measured pullback toward the 50-EMA support before any extension higher.