Whale: Borrows 19,000 ETH from Aave to Sell

Lookonchain flagged a whale that borrowed another 19,000 ETH worth $33.48M from Aave to sell today, lifting the cumulative total to 44,389 ETH ($80.56M) drawn solely for liquidation pressure.

Price sits at $1814.26 on the 4h chart inside a bullish EMA structure with the 50-EMA at $1697.97 acting as concrete support and the 200-EMA at $1909.61 as overhead resistance; yet the asset tests the upper Bollinger Band at $1770.35 while RSI(14) prints 77.84 in overbought territory and MACD registers a 24.05 golden cross, pointing to short-term volatility exhaustion and a probable healthy retracement toward the 50-EMA before any continuation higher.