Ethereum Whale: Sells 29k ETH for $6.43M Profit

Ethereum whale address 0xd4584Bf988C9E8994688b56484E2F74cEAEeFB20 sold 29,000 ETH today after buying the dip at $1,609 on June 6 for a $6.43 million gain.

The address had deployed $500 million into BTC and ETH accumulation earlier this year and locked in 14 percent returns within ten days on this tranche alone.

Price action on the 4h chart shows ETH trading inside the Bollinger Bands with upper resistance at $1,829.79 while the MACD golden cross at 35.39 keeps the broader structure bullish above the EMA50 support at $1,710.9; a healthy pullback toward that level remains probable before any extension toward the EMA200 at $1,907.