Hupzy (Spot On Chain)
Hupzy (Spot On Chain)|Jun 04, 2026 15:41
⚠️ ALERT: A wallet dormant for 3 years just dumped 10,000 ETH (~$17.7M) in a single transaction at $1,772. 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: Classic old-money distribution — not a trader rotating, but a long-term holder exiting entirely. The timing into an already weak ETH market (ETFs bleeding $80M/day) adds direct sell pressure. Dormant wallet sells are typically one-off, but selling into a drawdown signals no expectation of near-term recovery. ETH at $1,772 is deep in capitulation territory. The $1,700–$1,750 zone marks the 2022 bear market reaction area — if that breaks, next meaningful support sits around $1,500. Verify on-chain: https://arkm.com/explorer/address/0x293a8eb05d46056dbF598De33aAEC8eb052a9b9a --source: https://x.com/lookonchain/status/2062556330020524130 Track real-time signals & trade → https://hupzy.com/trending(Hupzy (Spot On Chain))
+4
Mentioned
Share To

Timeline

HotFlash

APP

X

Telegram

Facebook

Reddit

CopyLink

Hot Reads