Wallet 0xc71…30F02: Buys 2447 ETH for $5M

Wallet 0xc71…30F02 awoke from an 8-month slumber to purchase 2447.49 ETH in a single Tokenlon transaction worth 5.044 million USDT at an average price of $2447.49, reversing a prior exit near $3016 nine months earlier.

Price action on the 4h chart shows ETH trading inside the Bollinger Bands with the upper resistance at $2533.53 while RSI(14) sits at 71.26 in overbought territory and MACD registers a death cross at 103.36; despite the bullish structure above EMA50 support at $2175.31 and EMA200 at $1971.98, the confluence points to a probable retracement toward the 50-EMA before any continuation higher in current ETH price prediction models.