Whale: Accumulates $220M ETH and WBTC From Binance

Mysterious whale has built a $220 million position in ETH and WBTC since July, withdrawing another 200 BTC from Binance four hours ago to reach totals of 74,265 ETH and 1,400 WBTC at average costs of $1,770 and $63,887.37 for $3.8 million in floating gains.

ETH sits in profit while WBTC remains underwater on the same wallet tracked via on-chain data.

Price action on the 4h chart shows ETH at $1,846.89 inside the Bollinger band with upper resistance at $1,892.31 and lower support at $1,833.39; the bearish EMA50 at $1,880.11 caps upside while EMA200 at $1,830.15 offers nearby floor, and MACD death cross at -11.41 combined with neutral RSI 42.4 points to likely consolidation before any sustained move.