U.S. Government: Transfers 4,036 ETH to Fresh Wallet

U.S. Government transferred 4,036 ETH valued at $7.22M from its BTC-e seized wallet to a new address, according to on-chain data shared by @OnchainLens.

The move arrives as ETH holds a bullish structure on the 4h chart, with price at $1788.74 above both EMA50 at $1743.37 and EMA200 at $1745.64. Momentum remains constructive as MACD prints a golden cross at 8.35 while RSI sits neutral at 58.39, keeping the pair inside the Bollinger band between $1714.04 support and $1807.67 resistance. Institutional desks monitoring government flows note that similar transfers over the past year have often preceded measured continuation once price respects the 50-EMA before testing upper-band resistance. ETH price prediction models now focus on whether sustained closes above the 200-EMA can extend the trend without triggering a crypto market crash-style retracement.