🚨 Ethereum Whale Banks $9.87M Profit!

An Ethereum whale just made a strategic move, locking in a stunning $9.87 million profit after only 14 days! This clever exit saw "0x8C08..." offload 8,005 ETH for $30.03 million, achieving a 38% return in less than two weeks. This profit taking happened just as $ETH ended its impressive eight day winning streak.

While this whale secured huge gains, Ethereum's daily chart is flashing overbought signals, with its 14 day RSI hitting nearly 78. Historically, such readings often lead to short term corrections, similar to the 18.6% pullback we saw in May after a comparable RSI spike.

So, could we see #ETH revisit the $3,000 to $3,200 range in August? It's possible, as that area aligns with the 20 day EMA, a key support level. However, long term holders remain incredibly bullish, and the overall price structure still looks fantastic for continued upside. This might just be a healthy correction before the next big move towards $8,000! #BTCvsETH #ETHBreaks3700 #AltcoinBreakout $ETH