ShapeShift Whale: Buys 2,656 ETH With $5.68M USDC

ShapeShift whale spent $5.68M USDC to acquire 2,656 ETH, pushing total holdings to 129,667 ETH valued at $274.78M.

Price action on the 4h chart shows ETH at $2115.72 testing the lower Bollinger Band support of $2116.1 while RSI(14) prints 23.01 in oversold territory. The MACD death cross at -33.02 keeps the broader structure bearish, with EMA50 at $2243.94 and EMA200 at $2265.46 capping any rebound as resistance. Institutional desks note this confluence often precedes short-covering rallies once volatility exhausts at the band edge.