Pinosaur.eth: Sells 9618 ETH After 9-Year Hold

Pinosaur.eth transferred 9,618 ETH valued at $24.58 million to Kraken six hours ago, closing a position held since withdrawing 7,459 ETH from Bitfinex in April 2017 at roughly $50 per token for a 65x gain totaling $24.21 million.

ETH trades at $2558.47 inside the Bollinger Bands with lower support at $2515.55 while the EMA50 at $2660.25 and EMA200 at $2603.2 define overhead resistance in a bearish structure confirmed by MACD death cross at -37.11 and RSI at 26.59; long-term holder distribution at these levels often precedes a test of the lower band before any mean-reversion attempt toward the 50-EMA.