Russell Verbeeten: Withdraws 20426 ETH from Aave

Russell Verbeeten, former ConsenSys ambassador, withdrew 20426 ETH valued at $37.26 million from Aave after a year of dormancy, routing funds from wallets holding decade-old positions acquired at $5.60 per token and splitting them across ten fresh addresses, one of which already deposited 4144 ETH to Coinsquare.

Price action on the 4h chart shows ETH at $1778.03 inside the Bollinger band with lower support at $1762.43 while the EMA50 at $1971.02 and EMA200 at $2130.01 cap upside, and the MACD death cross at -55.49 combined with RSI at 24.29 signals oversold conditions that often precede short-term bounces toward the upper band resistance at $2080.72 before any sustained move higher.