Ethereum Whale Unloads $170M in ETH from Binance

Ethereum whale activity has intensified, with another 50K ETH (~$93.6M) withdrawn from Binance, bringing total withdrawals to 90K ETH (~$170M). This move echoes Bitcoin accumulation patterns seen over the past year.

The price action at $1876.95 remains below the EMA50 resistance at $1898.07 inside a bearish structure. The MACD death cross at -6.96 reinforces downside pressure, while the RSI at 37.74 stays neutral. The Bollinger upper band at $1947.02 now acts as immediate resistance, with the lower band at $1866.12 marking the first volatility exhaustion target for any further pullback.