Whale: Swaps 866 BTC for 26,924 ETH
Whale sells 866.1 BTC for $65.42M to buy 26,924 ETH at $2,430 as on-chain analysis Ethereum accumulation by whales accelerates.
SourceAnalysis
Whale sold 866.1 BTC worth $65.42 million to purchase 26,924 ETH at $2,430 twelve hours ago.
Price sits at $2,406.48 inside the Bollinger band with upper resistance at $2,569.95 while the 50-EMA at $2,481.44 caps upside and the 200-EMA at $2,325.86 offers deeper support; MACD death cross at -20.46 keeps the structure bearish yet RSI at 34.53 leaves room before oversold territory, suggesting any bounce toward the upper band will likely stall and retrace to the 50-EMA before continuation. Large whale BTC to ETH swaps historical patterns and on-chain analysis Ethereum accumulation by whales both point to continued rotation out of Bitcoin into ETH price prediction setups.
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@EmberCNAnalyst about On-chain Analysis