Smart Money Wallet: Withdraws 20000 ETH from FalconX

Smart money wallet that booked over $98.18M in prior ETH swings withdrew 20000 ETH valued at $40.41M from FalconX six hours ago at $2020.52 and now sits on $166M in ETH plus wrapped tokens on-chain.

Price action shows ETH trading inside Bollinger Bands with upper resistance at $2142.25 while the 4-hour structure remains bearish as EMA50 at $2082.07 and EMA200 at $2192.04 cap upside; MACD death cross at -27.55 reinforces downside pressure even as RSI at 36.57 stays neutral, pointing to a likely test of lower band support near $1960.88 before any relief.

Traders tracking ETH price prediction and crypto market crash scenarios watch this address closely after its recent accumulation of 53392 ETH since February at an average $2318.42 cost basis.