A significant Ethereum whale has closed a $20 million position at an 18.35% gain, depositing 10,500.4 ETH to Binance at an average price of $2,251.78.
The whale bought the ETH in July at an average price of $1,902.6 and held it until August 21st.
The move comes as Ethereum's price action tests upper Bollinger resistance at $2,462.19 while RSI(14) signals overbought conditions and MACD holds its golden cross.
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