Whale: Deposits $54.7M ETH to Bitget
Whale moves 20K ETH worth $54.66M to Bitget exchange, triggering large Ethereum whale deposits to exchanges scrutiny and ETH price prediction shifts.
SourceAnalysis
Whale swapped 20.04K ETH for roughly 20K $ETH via 1inch before depositing the full 20K $ETH (~$54.66M) to Bitget minutes later, signaling imminent sell pressure.
Bitget exchange ETH inflow patterns like this have historically amplified short-term volatility, especially when paired with broader crypto market crash fears over the past year.
Price sits at $2734.42 inside the Bollinger band with upper resistance at $2737.87; the bullish MACD golden cross at 6.2 and neutral RSI at 60.39 suggest a healthy retracement toward the EMA50 support at $2675.38 before any continuation higher.
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