Whale 0x7C5a: Sells 7,323 ETH at $19M Loss

Whale 0x7C5a sold 7,323 ETH worth $13.96M at a loss after holding since February 2022 and March 2023 at an average $2,723 entry, pushing cumulative losses past $19M.

The transaction highlights persistent ETH price prediction pressure and crypto market crash fears that continue to shape institutional flows. ETH currently sits at $1914.13 inside its Bollinger Bands with the upper resistance at $1937.57 and lower support at $1862.9. Momentum remains constructive as the MACD registers a golden cross at 10.36 while RSI at 58.74 stays neutral, yet the price tests the upper band and could retrace toward the EMA50 support at $1891.96 before any extension higher.