FalconX: Wallets Accumulate 18914 ETH for $35.2M

Two new addresses accumulated 18914.13 ETH worth $35.2 million over the past 10 hours at an average exit price of $1861, with one wallet showing patterns consistent with FalconX and Bitmine activity in large institutional ETH purchases on-chain tracking.

At the current ETH price of $1868.38, the 4-hour chart shows price inside Bollinger Bands with upper resistance at $1942.85 while EMA50 sits at $1896.69 above EMA200 at $1828.39; MACD death cross at -9.61 and RSI at 40.78 suggest a healthy retracement to the 50-EMA support before any bullish continuation in ETH price prediction scenarios.