Wang Chun: Sells 36600 ETH for $3.4M Profit

Wang Chun, Fish Pool co-founder, sold 36600 ETH and 160 WBTC into Binance this week for a $3.4 million profit after accumulating 70600 ETH and 966 WBTC in June at roughly $1653 ETH and $62400 BTC.

With ETH price at $1771.57 testing upper Bollinger resistance at $1818.38 while RSI(14) at 73.4 flashes overbought, a healthy retracement to the 50-EMA support at $1662.73 seems probable before further continuation despite the bullish EMA200 at $1746.38 and MACD golden cross. Traders tracking ETH price prediction and crypto whale activity note the quick rotation out of positions after the June lows.