Whale: Deposits 33180 ETH to Exchanges at $2620
Whale moves 33180 ETH worth $86.9M into exchanges after buying at $2002.75 in 2023, locking $20.5M profit at $2620 amid ETH price at $2625.7.
SourceAnalysis
Whale addresses tied to the same entity deposited 33180.48 ETH worth $86.93 million into exchanges five hours ago after acquiring the tokens from Bitfinex in November 2023 at an average $2002.75.
Price action on the 4h chart shows ETH trading at $2625.7 inside the Bollinger Bands with upper resistance at $2652.49 while RSI(14) at 71.37 flashes overbought and MACD holds a bullish golden cross; this confluence points to probable short-term exhaustion and a retracement toward EMA50 support at $2494.4 before any continuation higher.
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