Whale: Deposits 42K ETH to Galaxy Digital

Galaxy Digital received a $112 million deposit of 42,000 ETH from a whale that began OTC accumulation in July at an average cost of $2161.51, executed eight hours after last night’s price dip at $2663.81 and positioning the address for a $21.096 million realized gain.

Price action on the 4h chart sits at $2680.24 above the EMA50 support at $2634.05 and well clear of the EMA200 at $2434.11, yet the MACD death cross at 21.74 signals fading momentum while the RSI at 49.82 remains neutral inside the Bollinger Bands; the next volatility exhaustion target therefore lies at the upper band of $2805.05, with any pullback likely to find bids at the $2632.89 lower band before continuation.