Lookonchain: Whale Buys 4,312 ETH for $9.08M

Lookonchain flagged two wallets that may belong to a single whale, which spent $9.08M to acquire 4,312 ETH at an average of $2,106.

Price currently sits at $2,129.69 inside the Bollinger Bands with lower support at $2,103.16. The structure remains bearish as price trades below both EMA50 at $2,247.89 and EMA200 at $2,387.86, while MACD shows a death cross at -41.06. RSI at 32.81 leaves room for further downside before any relief, yet the whale accumulation near the lower band creates a clear short-term support zone that traders will watch for a potential bounce or breakdown.