Ethereum OG Wallet Unloads $4.15M in Crypto Gains After Three-Year Silence
An Ethereum OG wallet has been active again after three years of silence, and it's made a significant move by selling 2,250 ETH for $4.15 million.
The coins were acquired eight years ago at roughly $489 each, resulting in substantial gains for the seller.
The recent price action on the Ethereum chart shows that the price is trading inside Bollinger Bands with upper resistance at $1,892.48 and lower support at $1,832.97.
A bearish death cross momentum is indicated by the MACD at -11.61, while the RSI remains neutral at 41.58.