Lookonchain: Whale Deposits 2903 ETH Into Coinbase
Lookonchain reports three wallets deposited 2903 ETH worth $7.22 million into Coinbase after nine years of inactivity, turning a $9.9 entry into a 250x gain.
SourceAnalysis
Lookonchain flagged three wallets that moved 2,903 $ETH ($7.22M) into Coinbase following more than nine years of dormancy. The addresses acquired the tokens at $9.9 each and now sit on a $7.19M unrealized profit.
Ethereum prints at $2496.45 beneath the EMA50 at $2601.67 and EMA200 at $2592.4, locking in the bearish trend structure. The MACD golden cross at -47.39 nevertheless shows momentum turning positive while RSI(14) at 35.8 remains neutral. Price sits inside the Bollinger bands with upper resistance at $2664.52 and lower support at $2407.47, suggesting any upside attempt will first meet supply at the upper band before the 50-EMA can act as the next meaningful hurdle.
Lookonchain
@lookonchainLooking for smartmoney onchain