VitalikButerin: Linked Wallet Moves 7000 ETH
VitalikButerin-linked wallet transfers 7000 ETH ($11.06M) to new address as ETH trades at $1580.25 on 4h chart.
SourceAnalysis
VitalikButerin faces fresh scrutiny after a linked wallet sent 7000 ETH worth $11.06M to a newly created address just two hours ago. On-chain data from lookonchain shows the move, echoing prior activity from the Ethereum co-founder. ETH currently sits at $1580.25 inside a bearish structure with price below the EMA50 at $1647.72 and EMA200 at $1811.76; the MACD golden cross at -27.99 offers mild bullish momentum while RSI at 41.65 stays neutral and price tests the upper Bollinger Band resistance near $1674.48, suggesting any push higher may stall before a retracement toward the $1520.7 lower band support. This on-chain alert arrives amid broader ETH price prediction debates and ongoing crypto wallet tracking interest from institutions watching blockchain transaction monitoring for large holder flows.
Lookonchain
@lookonchainLooking for smartmoney onchain