POAP Founder: Transfers 4,000 ETH to Gemini
EmberCN reports POAP founder worthalter sent another 4,000 ETH worth $10.02 million to Gemini exchange after offloading 8,000 ETH over six days at an average $2,601 while still holding 51,468 ETH valued at $129 million.
SourceAnalysis
POAP founder @worthalter moved 4,000 ETH ($10.02 million) to Gemini exchange six hours ago, per @EmberCN.
In six days the founder has sold 8,000 ETH ($20.81 million) at an average $2,601 and retains 51,468 ETH worth $129 million.
ETH trades at $2508.57 inside the Bollinger Bands, with price sitting below both EMA50 at $2580.97 and EMA200 at $2586.86 in a bearish structure. The MACD golden cross at -30.23 offers short-term momentum support, yet the neutral RSI at 40.52 combined with upper-band resistance at $2574.82 points to likely rejection and a test of lower-band support near $2435.24 before any sustained advance.
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