Ethereum Whale: Sells 1,100 ETH After Seven Years

Ethereum whale address 0x0965fffb37f94d82b6f16b4c291af43a94b24dc6 sold 1,100 ETH for 1.9M USDS through CoWSwap protocol after seven years of dormancy, locking in $41M profit on the original 2019 accumulation of 27,586.48 ETH bought for $5.72M.

The address retains 26,486.48 ETH valued at $44.86M and continues executing further sales via the same MEV-protected aggregator.

Price action on the 4h chart shows ETH at $1,659.29 testing the lower Bollinger Band support at $1,682.18 while the EMA50 at $1,724.91 and EMA200 at $1,859.81 act as stacked resistance; with MACD printing a death cross at -7.23 and RSI at 34.02, the structure favors continued downside pressure toward the next volatility band before any relief bounce materializes.