Latest Update
2026-11-12 01:48 UTC

Lookonchain: Chun Buys 5,246 ETH at $2,054 Average

Lookonchain: Chun Buys 5,246 ETH at $2,054 Average

Lookonchain reports trader Chun sold 6,200 wstETH for $18.5 million when ETH traded at $2,400 and repurchased 5,246 ETH for $10.78 million at an average price of $2,054 over the past two days.

Source

Analysis

Lookonchain flagged that Chun (@satofishi) sold 6,200 $wstETH ($18.5M) at $2,400 ETH a week ago then bought back 5,246 $ETH ($10.78M) at an average $2,054 over the past two days.

ETH trades at $2043.1 inside the Bollinger band with upper resistance at $2151.19 and lower support at $2010.53. The 4h structure remains bearish as price holds below both EMA50 at $2160.57 and EMA200 at $2340.52 while RSI(14) at 33.05 sits neutral and MACD shows a bullish golden cross at -39.6. With price testing the upper Bollinger resistance while the broader trend stays capped by the 50-EMA, a healthy retracement toward $2010.53 support appears probable before any sustained continuation higher.

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