MercadoBitcoin: Hacker Swaps Altcoins for 7,988 ETH

Lookonchain reports the MercadoBitcoin hacker has dumped PEPE, AAVE, UNI, ONDO, ENA and additional altcoins, converting the proceeds into 7,988 ETH ($18.19M).

Price action on the 4h chart shows ETH at $2279.86 inside the Bollinger Bands with upper resistance at $2303.96 and lower support at $2240.12. The EMA50 at $2291.36 acts as immediate resistance while the EMA200 at $2422.58 caps longer-term upside; despite the bearish structure, MACD has printed a golden cross at -2.69 and RSI sits neutral at 51.4, suggesting any push above the upper band could stall quickly and pull price back toward the 50-EMA before continuation.