Ethereum Whale: Buys 900 ETH
Ethereum whale 0xC9D6 snaps up 900 ETH for $2.13M, totaling 16,900 ETH since February with $4.6M unrealized profit amid bullish ETH price prediction.
SourceAnalysis
A prominent Ethereum whale, identified as 0xC9D6, just acquired another 900 ETH worth $2.13 million today. Since February 15, this investor has accumulated 16,900 ETH for a total of $35.67 million at an average price of $2,110, now holding over $4.6 million in unrealized gains as ETH price surges in the crypto market trends.
This whale's aggressive buying echoes broader accumulation patterns seen in Bitcoin (BTC) whales over the past six months, signaling confidence in Ethereum's macro recovery despite recent volatility in the crypto space.
Zooming into the 4-hour ETH chart, price action holds firm in a bullish structure, grinding above the EMA50 at $2321.05 and EMA200 at $2262.44, which act as rock-solid long-term supports. MACD flashes a golden cross with a reading of 19.22, confirming upward momentum, while RSI at 62.5 stays neutral, avoiding overbought territory. Price dances inside the Bollinger Bands, testing the upper resistance at $2390.62— a level that could cap short-term gains— with lower support at $2276.91 offering a safety net. If buyers defend that EMA50 confluence, expect a push toward fresh highs in this ETH price prediction cycle, but watch for volatility exhaustion if it rejects the upper band hard.
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