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OTC Whale: Sells 29,000 ETH for $6.4M Profit | Flash News Detail | Blockchain.News
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6/16/2026 12:44:00 AM

OTC Whale: Sells 29,000 ETH for $6.4M Profit

OTC Whale: Sells 29,000 ETH for $6.4M Profit

OTC Whale sells 29,000 ETH for $53.1M, books $6.4M profit after last week's dip buy as ETH trades at $1793.11.

Source

Analysis

OTC Whale sold 29,000 ETH for $53.1M five hours ago and locked in a $6.4M gain on the swing trade executed after last week's dip.

Price sits at $1793.11 inside the Bollinger Bands with upper resistance at $1829.86 and lower support at $1597.49; the MACD golden cross at 35.42 keeps the bullish structure intact while RSI at 65.67 remains neutral, pointing to a probable healthy retracement toward the EMA50 support at $1710.91 before any fresh continuation higher.


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