Wallet: Sells 3000 ETH for $4.98M at $1658

Wallet 0x157…eF5da offloaded 3000 ETH worth $4.98 million at $1658.68 on-chain after parking the tokens for three years mostly in Aave and other DeFi protocols to earn yield. ETH currently trades at $1672.95 inside the Bollinger Bands with upper resistance at $1693.1 and lower support at $1618.63. The 4-hour chart shows price testing upper Bollinger resistance while RSI(14) sits neutral at 52.68 and MACD registers a bullish golden cross at 1.53, yet the structure remains bearish beneath EMA50 resistance of $1691.04 and EMA200 at $1936.88, suggesting a probable retracement toward the 50-EMA before any sustained move. This large exit adds fresh supply pressure that traders will factor into near-term ETH price prediction models amid ongoing BTC dominance discussions.