Lookonchain: Whale 0x4cee Buys 10,380 ETH

Lookonchain flagged whale 0x4cee purchasing 10,380 ETH ($19.91M) one hour ago after booking $3.66M profit on a prior 10,500 ETH trade two months earlier.

The address now holds 25,498 ETH ($49.44M) at a $2,382 average cost basis and carries $11.3M in paper losses at current prices.

ETH trades at $1935.71 on the 4h chart inside a bearish structure with price testing the lower Bollinger band at $1949.11 while EMA50 at $2127.47 and EMA200 at $2323.62 cap upside; RSI at 22.32 signals oversold conditions yet MACD death cross at -51.38 keeps momentum negative, so any bounce toward upper band resistance at $2140.23 faces immediate supply from the stacked EMAs before further downside tests lower support.