Poloniex: Sun Ge Withdraws 12000 ETH

Poloniex recorded a 12000 ETH withdrawal worth $19.5 million by the address linked to Sun Ge twenty minutes ago, matching the exact size moved one week earlier that later entered Lido staking.

Price sits at $1630.49 inside the Bollinger band with upper resistance at $1722.94 while the 50-EMA at $1726.68 and 200-EMA at $1992.44 define the bearish structure; MACD golden cross at -13.94 hints at momentum shift yet RSI at 41.21 keeps the move neutral, so a test of lower band support near $1580.3 remains the next logical level before any sustained recovery in large ETH movements from Poloniex exchange whale activity.