Whale: Deposits 6504 ETH Into Binance With $10.58M Loss

Lookonchain tracked a long-term holder dumping the final 6504 ETH worth $15.94M onto Binance after more than two years, locking in a $10.58M loss on the position originally built above $3200.

Price action on the 4h chart shows ETH at $2459.54 inside the Bollinger Bands with upper resistance at $2513.99 and lower support at $2408.73. The EMA50 at $2333.93 continues to act as dynamic support beneath the EMA200 at $2061.7, preserving the broader bullish structure even as the MACD prints a death cross at 34.23. With RSI(14) neutral at 57.68, the setup favors a measured pullback toward the 50-EMA before any sustained push higher.