Latest Update
2026-11-11 22:13 UTC

OTC Whale 0x69A8: Sells 6,532 ETH Taking $3.1M Loss

OTC Whale 0x69A8: Sells 6,532 ETH Taking $3.1M Loss

Lookonchain reports OTC whale 0x69A8 sold 6,532 ETH for $13.62M at $2,085 after FOMO-buying 5,105 ETH a month earlier at $2,691, locking in a $3.1M loss.

Source

Analysis

OTC whale 0x69A8 sold 6,532 ETH for $13.62M at $2,085 to exit a losing position, booking a $3.1M loss after buying 5,105 ETH a month ago at $2,691.

Price action on the 4h chart shows ETH trading inside the Bollinger Bands with upper resistance at $2158.81 and lower support at $2012.67 while the EMA50 at $2165.32 and EMA200 at $2343.41 cap any recovery; the MACD golden cross at -40.34 hints at building momentum yet RSI at 34.27 keeps the structure bearish, so a test of the lower band near $2012 before any sustained bounce looks probable.

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