Lookonchain: Ethereum OG Sells 1,000 ETH

Lookonchain flagged another Ethereum OG wallet that acquired 100,000 ETH at $0.31 in the ICO dumping 1,000 ETH six hours ago.

ETH trades at $2383.21 on the 4h chart inside a bearish structure, with price below both the EMA50 at $2430.48 and the EMA200 at $2503.0 while the MACD death cross at -11.39 keeps downside pressure intact; the neutral RSI at 40.85 leaves room for further weakness toward the lower Bollinger band support at $2349.05 before any relief rally can develop.