Ethereum Whale: Sells 11,888 ETH for $20.28M

Ethereum whale activity intensified after two linked wallets sold 11,888 ETH for $20.28M at $1,706, echoing patterns from the history of large Ethereum whale sell-offs and on-chain analysis of ETH whale wallet clustering. Current price at $1,710.29 sits beneath the EMA50 at $1,730.05 inside a bearish structure with the MACD death cross at -5.03, while the RSI at 43.78 stays neutral and price tests the lower Bollinger band near $1,688.16 support. Traders now watch whether this on-chain Ethereum analysis feeds into broader ETH price prediction models or triggers a crypto market crash extension toward the EMA200 at $1,885.10, with BTC and TAO showing parallel flows.