Whale: Dumps $32.55M ETH via CoWSwap
Onchain Lens reports a whale withdrawing 8,876 ETH from Aave before swapping 16.7K ETH for USDT on CoWSwap and absorbing a $1.61M loss after purchasing at $2,743 a month earlier.
SourceAnalysis
@OnchainLens flagged a whale withdrawing ~8,876 ETH from Aave then routing 16.7K ETH through CoWSwap into USDT, collecting just $30.94M against a $32.55M notional and booking a $1.61M slippage hit. The same address had accumulated 8,631 ETH at an average $2,743 only four weeks prior.
Price sits at $1,935.93 on the 4h chart, pinned inside the lower Bollinger Band at $1,934.2 while the EMA50 at $2,119.92 and EMA200 at $2,319.89 cap any recovery. RSI at 22.41 signals deep oversold conditions yet the MACD death cross at -53.88 keeps the structure firmly bearish, suggesting further downside pressure toward the band floor before any relief bounce materializes.
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