0xFB7 whale purchased another 29,000 ETH worth $46.69M through FalconX OTC desk and now controls 187,460 ETH valued at $296.19M.

FalconX serves as the prime broker for top institutions seeking deep liquidity on large digital-asset blocks. The accumulation adds to the wallet’s documented ETH OTC purchases history over the past year. With price at $1596.09 testing the lower Bollinger Band support at $1546 while RSI(14) sits at 20.11 in oversold territory and MACD confirms a death cross below zero, the next move hinges on whether buyers defend the $1546 level or allow a deeper probe toward EMA50 resistance-turned-support at $1860 before any sustained recovery.