Whale: Acquires 14,783 ETH at $2,706
Whale converts 40M USDC into 14,783 ETH at $2,706 on Binance, repeating 21st-day accumulation pattern after $3.7M August profit.
SourceAnalysis
Whale 0x4cee611502f378300981807d506629DA35cee4a7 moved 40 million USDC into Binance and completed the purchase of 14,783 ETH at an average price of $2,706.
The address previously sold ETH on August 21 for a $3.7 million gain and has now returned on September 21, withdrawing 7,567 ETH valued at $20 million.
ETH technical analysis on the 4h chart shows price at $2739.9 holding above EMA50 support at $2582.31 with EMA200 at $2397.29; MACD golden cross at 59.74 confirms bullish momentum while price tests upper Bollinger resistance at $2780.06 and RSI at 68.9 leaves room before any retracement to the 50-EMA.
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