Whale: Swaps 1.5M USDT for 786 ETH

Onchain Lens flagged a whale that swapped 1.5M USDT for 786.16 ETH valued at approximately $1.49M and moved the holdings to a fresh wallet at 0xa9f5bc32bb16c17bcd81d502d5b4d16044dc3e5d.

ETH sits at $1906.94 inside its Bollinger bands on the 4h chart, with the lower band at $1873.13 acting as immediate support while the upper band at $2128.37 caps upside. The EMA50 at $2084.63 and EMA200 at $2300.94 define the bearish structure, reinforced by the MACD death cross at -57.76, yet RSI at 30.13 remains neutral and shows no oversold capitulation, allowing whale accumulation to offset the broader downtrend without immediate reversal signals.