Whale: Buys 10,800 ETH With 17.94M USDC

Lookonchain tracked a mysterious whale that spent 17.94M USDC to purchase 10,800 ETH at an average price of $1,661 over the past three days.

ETH price action now sits at $1674.83 inside the Bollinger Bands with upper resistance at $1693.11 and lower support at $1614.21. The 50-EMA at $1696.56 continues to act as immediate resistance while the 200-EMA at $1949.82 marks the longer-term bearish barrier. Momentum shows RSI(14) at 52.85 remaining neutral and MACD(12,26) printing a bullish golden cross at 0.27, suggesting short-term buying pressure may test the upper band before any deeper pullback to the 50-EMA confluence zone.