Ethereum Whale: Offloads 167855 ETH for $408M
Ethereum whale sells 167855 ETH worth $408M in five days as ETH trades at $2507.19 with bullish EMA structure.
SourceAnalysis
Ethereum whale sold every last token of its 167855 ETH position worth $408M across five days, sending 103252 ETH worth $253M straight to exchanges.
Price sits at $2507.19 inside the Bollinger band with upper resistance at $2532.88 and lower support at $2347.62; the 50-EMA at $2435.37 and 200-EMA at $2222.2 continue to anchor the bullish structure while MACD prints a golden cross at 10.02 and RSI holds neutral at 63.58, pointing to possible consolidation around the 50-EMA before any continuation higher amid ongoing ETH price prediction scrutiny and crypto market crash fears.
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