Whale Wallet Buys 5001 ETH at $2119.29

Whale wallet 0x54d…e6029 just deployed ancestral capital to buy 5001 ETH for roughly $10.6 million at an average $2119.29 through Cowswap in the last two hours.

The same address previously booked more than $1.085 million in profits by buying dips and selling rips in ETH with a solid win rate.

Price action on the 4h chart shows ETH trading at $2119.36 right against the lower Bollinger Band support at $2109.12 while RSI(14) prints 23.69 in deep oversold territory and MACD confirms a death cross below the zero line; with the EMA50 resistance sitting at $2239.16 and EMA200 at $2264.32, the structure remains bearish yet the extreme momentum reading and band compression point to a high-probability short-covering bounce toward the $2239 zone before any deeper test of the band floor.