GMGN: Stakes 11999.5 ETH on Coinbase Shift

GMGN transferred 11999.5 ETH to a Coinbase Batch Staking address, reversing a prior plan to sell after depositing $16.38 million worth of the token on exchanges one week earlier.

Price action on the 4h chart holds a bullish trend with EMA50 at $2695.09 acting as immediate support and EMA200 at $2591.59 providing deeper floor, while MACD registers a golden cross at 5.56; with ETH testing upper Bollinger resistance at $2732.18 and RSI neutral at 53.91, the structure favors continuation after any pullback to the 50-EMA before fresh highs.