GMGN Transfers $16.38M in ETH to Coinbase Amid Bearish Market
GMGN's linked address transferred $16.38 million worth of ETH to Coinbase eight hours ago.
The funds originated from a Robinhood network cross-chain transfer six days earlier, which is likely fee revenue.
ETH currently trades at $2660.14 within a bearish structure, testing the lower Bollinger Band support at $2664.24.
The MACD registers a death cross at 0.45 and RSI sits neutral at 42.