GalaxyDigital: Dumps 45K ETH to Exchanges

Whales tied to GalaxyDigital just unloaded 45,000 ETH worth $104 million onto Binance, Bybit, and OKX in the last 15 hours, signaling potential selling pressure as ETH navigates a broader crypto market crash that echoes last quarter's downturn when similar dumps preceded a 12% slide.

Zooming into the 4-hour chart, ETH trades at $2298.75 in a clear bearish structure, with price hugging the EMA200 support at $2248.83 while the EMA50 resistance looms at $2324.75, creating a tight confluence that screams caution for bulls. MACD flashes a death cross at -7.23, underscoring weakening momentum, and with RSI neutral at 43.92, volatility bands pinch the action inside upper resistance of $2381.71 and lower support at $2265.27—expect a probe toward that lower band if whale selling accelerates, mirroring Bitcoin's recent BTC price prediction dips amid macro headwinds.