Lookonchain: Whales Accumulate $29M in ETH

Lookonchain flagged fresh whale accumulation in $ETH. Wallet 0x72e0 took delivery of 9,625 ETH ($21.57M) from FalconX four hours ago, while newly created address 0x2908 pulled 3,377 ETH ($7.52M) from OKX eight hours ago.

ETH trades at $2249.25 inside its Bollinger band on the 4h chart, with upper resistance at $2415.9 and lower support at $2192.19. The structure remains bearish as price sits below both the EMA50 at $2329.61 and EMA200 at $2452.62, while MACD has printed a death cross at -30.02. RSI at 38.27 shows neutral momentum, suggesting any bounce toward the upper band may stall before testing the 50-EMA resistance.