Ethereum Whale: Sells 5,250 ETH to Binance

Ethereum whale tracking via Arkham Intelligence shows a wallet that bought 10,501 ETH at $1,904 one month ago for $20 million just offloaded half the position.

The address moved 5,250 ETH valued at $11.7 million into Binance 15 minutes ago, locking in $3.4 million profit amid the latest ETH price surge.

Price action on the 4h chart sits at $2,252.94 above the upper Bollinger Band resistance at $2,191.56 with RSI(14) at 92.94 flashing overbought conditions while the MACD golden cross at 69.25 keeps the bullish structure intact above EMA50 support at $1,938.72, suggesting a likely healthy retracement before any continuation higher.