Lookonchain: Wallet Sells 1,862 ETH at $1,923 Loss
Wallet sells 1,862.3 ETH for $3.58M at $1,923 after buying at $2,685, booking $1.42M loss as ETH holds $1921.45 with bullish EMA structure.
SourceAnalysis
Lookonchain flagged a wallet dumping 1,862.3 ETH ($3.58M) at $1,923 after a five-month hold, locking in a $1.42M loss on the position originally purchased at $2,685 during January's dip.
ETH trades at $1921.45 inside its Bollinger band with upper resistance at $1955.97 and lower support at $1848.5; the 50-EMA at $1875.12 and 200-EMA at $1784.81 continue to anchor the bullish structure while RSI at 60.81 and MACD golden cross at 17.48 keep momentum intact above key moving-average support.
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