Lookonchain: Whales Accumulate $60M in ETH

Lookonchain flagged fresh whale accumulation in ETH as three dormant addresses pulled 24,454 ETH ($60.68 million) from Kraken and Binance. Address 0x4A85 withdrew 10,954 ETH ($26.97 million) and staked the tokens after four months of inactivity, while 0xdeA6 moved 9,000 ETH ($22.42 million) into Aave and 0xD338 took 4,500 ETH ($11.29 million) from Binance ten hours ago.

ETH trades at $2445.91, sitting just below the EMA50 at $2449.79 inside a bearish structure capped by the EMA200 at $2514. With the MACD locked in a golden cross at 11.29 and RSI neutral at 50.83, price is pressing toward the upper Bollinger band at $2505.56; any rejection there would likely send it back to test the EMA50 confluence before the next directional move.