💥 HBAR price nears breakout as inverse head and shoulders pattern forms
HBAR price is consolidating below key resistance as an inverse head and shoulders pattern develops, signaling a potential bullish breakout if the neckline resistance is cleared with volume.
HBAR ($HBAR ) price action is showing increasingly constructive behavior as the market builds a classic bullish reversal structure on the higher timeframes. After an extended corrective phase, price has stabilized and begun forming an inverse head and shoulders pattern, a formation often associated with trend reversals when confirmed
40,000 ETH transferred between privacy addresses in a massive transaction. According to on-chain data platform Arkham monitoring, at 23:43 Beijing time on February 13, 40,000 ETH was transferred from an untagged address starting with 0xeD88 to another anonymous address starting with 0xd08c. This large transfer has once again drawn industry attention to privacy transactions on the ETH chain.
Currently, there are a total of 470,711,089 wallet addresses on Ethereum. A single transfer of 40,000 ETH is a significant event on the chain. Such large-scale transfers between anonymous addresses usually attract close monitoring from market surveillance agencies and may involve institutional fund flows, cold wallet replenishments, or exchange withdrawals. Monitoring this type of on-chain data provides valuable insights into market fund movements.