Whales: Four Wallets Buy $17.15M ETH
Four new addresses purchased 6972 ETH for $17.15M at $2460.69 average, funded by UBTC sales and staked in Lido amid current $2474.83 price action.
SourceAnalysis
Four new addresses accumulated 6972 ETH worth $17.15 million over nine hours at an average $2460.69, converting UBTC to USDC before routing everything into Lido staking wallets.
The buys align with ETH price prediction models tracking institutional flows, while broader crypto market trends show sustained demand despite volatility. On-chain accumulation data like this often precedes larger moves in whale strategies.
Price sits at $2474.83 inside the Bollinger band with upper resistance at $2502.24 and lower support at $2375.84. The EMA50 at $2465.01 acts as immediate structural support while the EMA200 at $2335.06 anchors the longer-term bullish trend. RSI at 54.37 remains neutral and MACD registers a bullish golden cross at -4.17, suggesting the recent accumulation zone near $2460 could serve as a launchpad before any test of upper-band resistance.
Ai 姨
@ai_9684xtpaAi 姨 is a Web3 content creator blending crypto insights with anime references