Ethereum Whale: Repurchases 8630 ETH at $2749

Ethereum ICO whale from 2015 who acquired 38800 ETH has executed a costly round-trip, selling 11552 ETH at $2027 six months ago before repurchasing 8630.6 ETH at $2749 with 2372.6M USDT today.

The move erased 2921 ETH worth roughly $8.03M in opportunity cost while ETH price action remains locked in a bullish 4h trend with EMA50 at $2582.57 and EMA200 at $2397.36 acting as layered support. Price currently tests the upper Bollinger Band resistance at $2781.33 with RSI(14) at 70.4 flashing overbought conditions and MACD confirming a golden cross at 60.25. A healthy retracement toward the 50-EMA support at $2582.57 appears probable before continuation higher, especially as volatility remains contained inside the bands between $2531.52 and $2781.33.