Two days ago, whale 0x46DB panic sold 5,504 $ETH ($19.81M) | 密碼貓熊 X on Binance Square

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Two days ago, whale 0x46DB panic sold 5,504 $ETH  ($19.81M) at $3,599 during the dip.
Today, with $ETH recovering, they repurchased 3,358 $ETH ($12.85M) at a significantly higher price of $3,828.
#Write2Earn #CryptoIn401k #USFedBTCReserve #CFTCCryptoSprint 

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$ETH Ethereum Surges Past $4K as Institutional Demand Intensifies Ethereum has broken the $4,000 barrier for the first time since December, soaring 60% in just one month. This surge is fueled by companies focused on building ETH treasuries, who have collectively acquired around 2 million ETH since June, driving strong upward momentum. Analysts now eye a potential move toward $4,500 if Ethereum can clear the key resistance near $4,100. On Friday, sustained buying from public corporations adopting Ethereum as a core treasury asset propelled ETH’s gains. The world’s second-largest cryptocurrency has rebounded roughly 180% from its April low of $1,385, recovering from a previous 65% drop from its $4,107 peak. Firms like BitMine Immersion—backed by Fundstrat’s Thomas Lee—and Joe Lubin’s SharpLink Gaming have raised billions via debt and equity to accumulate ETH. According to Standard Chartered’s Geoffrey Kendrick, these treasury-focused companies could eventually control up to 10% of Ethereum’s total supply. Coinglass data reveals $136.74 million in Ethereum futures liquidations over the past 24 hours, including $22.54 million from longs and $114.20 million from shorts. After establishing strong support above $3,470 last week, ETH surged 15% to breach $4,000 but now faces significant resistance around $4,100 and a long-term downtrend dating back to November 2021. A confirmed break above $4,100 could trigger a bullish pennant continuation, targeting $4,500 before challenging the all-time high of $4,868. On the downside, holding $3,470 is crucial for maintaining bullish momentum, while a weekly close below $3,220 could open the door to a drop toward $3,000. #Write2Earn #USFedNewChair #CryptoIn401k #BTCUnbound #Write2Earn!

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