Whale 0xF626: Deposits 2858 ETH to Exchanges

Whale 0xF626 received 102913 ETH worth $248.6M from multiple wallets 11 hours ago and deposited 2858 ETH worth $7M into exchanges 20 minutes ago, with the address still holding 100055 ETH worth $241.6M.

Large ETH exchange deposits from this scale often signal distribution pressure that shapes ETH price prediction models and raises questions around impact of large ETH exchange deposits on market liquidity during periods of crypto market crash risk.

Price at $2441.67 sits just above the 50-EMA support at $2422.69 inside the Bollinger band with neutral RSI at 46.86 and a MACD death cross at -3.64, pointing to a likely test of lower band support near $2405.23 before any sustained move toward upper resistance at $2508.78.