Lookonchain: Ethereum OG Wallet Moves 2,155 ETH

Lookonchain flagged an Ethereum OG wallet that awoke after more than a decade and shifted its full 2,155 ETH position, valued at $4.59 million, two hours ago. The address originally acquired 1,400 ETH in the ICO at $0.31 per token and later pulled an additional 755 ETH from Bitfinex when the asset traded at $11.74.

ETH trades at $2125.78 inside its 4-hour Bollinger Bands with the upper band at $2310.37 and lower support at $2078.99. Price sits below both the EMA50 at $2235.22 and EMA200 at $2381.15 while the MACD prints a death cross at -40.25 and RSI holds neutral at 34.75, pointing to continued downside pressure toward the lower band before any relief rally can develop.