Institution: Shifts 109806 ETH to CEX at $2430

Institution transferred 109806 ETH valued at $266 million to multiple CEX platforms over three days at an average price of $2430, leaving 58048 ETH still in wallets for a planned total sale of 167854 ETH worth $406 million.

These holdings originated from 2021-2022 accumulation at roughly $1700 per ETH, creating a potential $122 million profit on full liquidation and highlighting ongoing large Ethereum institutional selling pressure after staking withdrawals.

Price action on the 4h chart shows ETH trading at $2409.69 inside the Bollinger Bands with upper resistance at $2503.84, while the EMA50 at $2431.05 acts as immediate overhead resistance and the EMA200 at $2194.08 provides deeper support; the MACD death cross at -8.11 reinforces bearish momentum even as RSI at 39.36 remains neutral, suggesting a likely test of the lower band near $2403.44 before any sustained recovery in ETH price prediction models.