Nemorino.eth: Reenters With 7908 ETH Buy at $2113

Nemorino.eth spent 16.71 million USDC to acquire 7908.3 ETH at $2113, reversing a prior sale at $2124 that produced a $2.14 million loss.

The trader first deployed 11.71 million USDC for 5535.6 ETH, deposited the tokens into Spark as collateral, borrowed 5 million DAI, and purchased an additional 2372.7 ETH in one leveraged sequence.

ETH price sits at $2126.55 inside the Bollinger Bands with upper resistance at $2157.36 and lower support at $2031.43; the bearish EMA structure places EMA50 at $2130.69 and EMA200 at $2218.74 while RSI at 55.06 remains neutral and MACD registers a bullish golden cross at 0.09, suggesting price may test the 50-EMA before any sustained move higher amid ongoing Ethereum technical analysis and crypto whale transactions.