Whale 0x72e0: Rotates HYPE Into ETH
Whale 0x72e0 deposits 440,000 HYPE ($36M) into FalconX then withdraws 12,250 ETH ($30.12M), with ETH at $2474.83 showing bullish EMA structure.
SourceAnalysis
Whale 0x72e0 deposited 440,000 $HYPE ($36M) into FalconX before withdrawing 12,250 $ETH ($30.12M), pointing to direct rotation amid elevated HYPE flows.
Price sits at $2474.83 inside Bollinger Bands with upper resistance at $2502.24; the neutral RSI(14) at 54.37 combined with MACD golden cross keeps the bullish structure intact above EMA50 support at $2465.01 and EMA200 at $2335.06, suggesting any near-term pullback targets the 50-EMA before continuation. This ETH whale activity feeds directly into updated ETH price prediction models and broader crypto market analysis as institutional desks track similar blockchain whale movements.
Lookonchain
@lookonchainLooking for smartmoney onchain