Whale: Offloads 35,000 ETH for $72.3M
Whale sells 35,000 ETH for $72.3M at $2,066 average as ETH trades at $2114.15 with bearish EMA structure on 4h chart.
SourceAnalysis
Whale sold 15,000 $ETH for $31.12M in the past 24 hours, bringing the three-day total to 35,000 $ETH for $72.3M at an average price of $2,066 according to Arkham Intelligence on-chain tracking. ETH currently trades at $2114.15 inside a bearish structure where price sits below the EMA50 at $2130.85 and the EMA200 at $2219.74, while the MACD shows a bullish golden cross at -3.89 and RSI remains neutral at 51.71; with price testing upper Bollinger resistance at $2157.83, a healthy retracement toward the 50-EMA support at $2130.85 appears probable before any continuation. Large Ethereum whale selling activity of this scale often precedes short-term volatility spikes, and Arkham Intelligence on-chain ETH transaction tracking continues to flag similar flows that historically pressure ETH price prediction models during periods of distribution.
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