Smart Money: $14.22M ETH Buy at $2367

Smart money that booked $1.08 million profit selling ETH last month has returned with a fresh $14.22 million accumulation. Two addresses linked to the same whale withdrew 6010 ETH from Binance at an average $2367 just two hours ago.

One of the wallets previously bought at $1874 between July 31 and August 14, exited near $2405 for a 28.33% gain, and is now re-entering at almost the same price level during the current downtrend.

Price sits at $2366.64 on the 4h chart, pressing the lower Bollinger Band support at $2370.67 while RSI(14) at 28.08 signals oversold conditions and MACD remains in death-cross territory at -35.53. The 50-EMA at $2518.85 and 200-EMA at $2561.72 continue to act as overhead resistance; any bounce from the lower band is likely to stall there before the next leg lower.