Latest Update
8/11/2026 9:38:00 AM

Whale 0x2d59: Stakes Another 50,000 ETH

Whale 0x2d59: Stakes Another 50,000 ETH

Whale 0x2d59 buys 50,000 ETH for $93.6M and stakes it, following 40,000 ETH purchase last week amid ETH price at $1881.

Source

Analysis

Whale 0x2d59 withdrew another 50,000 $ETH worth $93.6 million from Binance two hours ago and immediately staked the tokens, adding to the 40,000 $ETH ($76.66 million) acquired one week earlier.

Price sits at $1881.01 on the 4h chart inside the Bollinger Bands with upper resistance at $1946.63; the bearish MACD death cross at -6.63 and EMA50 at $1898.23 cap upside while RSI at 40.1 keeps momentum neutral, pointing to a likely test of lower band support near $1866.92 before any sustained move. Traders tracking ETH price prediction models now watch whether this fresh accumulation shifts the bearish trend structure that has held since the prior six months.


Lookonchain

@lookonchain

Looking for smartmoney onchain