Matrixport Wallet: Withdraws $14.5M ETH
Matrixport-linked wallet pulls 6,382.5 ETH ($14.5M) from OKX after year-long dormancy, now holding 18,383 ETH ($41.75M) amid ETH price prediction volatility.
SourceA wallet tied to Matrixport, address 0x3CEE, just yanked 6,382.5 ETH valued at $14.5 million from OKX in the last hour, snapping a full year of zero activity. This move boosts the wallet's holdings to 18,383 ETH, worth $41.75 million, signaling potential accumulation plays as ETH navigates broader crypto market crash risks and Bitcoin dominance shifts.
Zooming into the 4-hour ETH chart, price action clings to a bullish structure with the 50-period EMA at $2311.29 acting as immediate support just below the current $2316.75 mark, while the 200-period EMA at $2197.35 anchors deeper bullish conviction. Yet MACD flashes a bearish death cross at -9.77, clashing with neutral RSI at 47.11 that hints at no immediate exhaustion; price trades snug inside Bollinger Bands, testing the upper resistance at $2446.33 as a breakout barrier, but confluence points to a likely pullback toward the lower band support at $2254.48 before resuming upside, especially if broader ETH price prediction models factor in Bitcoin's recent hype cycles.
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