Ethereum Whale: Sells $25M ETH Post-DeFi Event | Flash News Detail | Blockchain.News
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4/20/2026 8:15:00 AM

Ethereum Whale: Sells $25M ETH Post-DeFi Event

Ethereum Whale: Sells $25M ETH Post-DeFi Event

Ethereum whale withdraws 10,829 ETH worth $24.91M from Aave after rsETH incident, sells at $2,300 for USDC, netting $2.41M profit amid DeFi security risks.

Source

Analysis

An Ethereum whale pulled 10,829 ETH valued at $24.91 million from Aave right after the rsETH event yesterday morning, then dumped it all on-chain today for 24.91 million USDC at $2,300 per ETH. This move reeks of frustration with recent DeFi security incidents, yet the trader cashed in big—snagging these coins back in March at $2,081, locking in a crisp $2.41 million profit. With Bitcoin (BTC) hovering in similar volatility, this highlights broader ETH price prediction challenges and crypto market crash fears tied to DeFi vulnerabilities.

Zooming into the 4-hour ETH chart, price action clings to $2,302.02, testing resistance at the EMA50 of $2,309.82 while the EMA200 at $2,198.35 anchors deeper support in this bearish structure. MACD screams death cross at -12.43, confirming downside momentum, but RSI at 44.32 stays neutral, suggesting no immediate oversold bounce. Volatility squeezes inside Bollinger Bands, with upper resistance at $2,448.4 capping any upside pop and lower support at $2,246.9 eyeing a potential retest—confluence here points to sellers dominating unless we break above that EMA50, mirroring the whale's timely exit amid DeFi security risks and ETH price prediction headwinds.


余烬

@EmberCN

Analyst about On-chain Analysis