OG Ethereum Whale: Sells 16,700 ETH for $30.93M

OG Ethereum whale address 0xBE4265E12Cde8b8e1fFd54A92401037AB06a0c5F sold 16,700 ETH for $30.93 million at $1,852, a full $82 below the prevailing $1,934 spot price and generating $1.37 million in slippage loss.

The same address bought 8,630 ETH at $2,749 in September after dumping 11,552 ETH at $2,027 in March, continuing its pattern of buying high and selling low.

Price action on the 4h chart shows ETH testing the lower Bollinger Band support near $1,950.27 while the RSI at 23.51 signals deep oversold conditions and the MACD death cross at -51.06 keeps the broader structure bearish below both the EMA50 at $2,127.63 and EMA200 at $2,323.66; with price already at the lower band and momentum exhausted, a relief bounce toward the $2,127.63 EMA50 resistance remains the most probable near-term path before any sustained continuation lower.