A long-term ETH holder/institution has made significant moves in the past 24 hours. This wallet has accumulated 101,000 ETH over the past five years at an average cost of $660 from several major mainstream trading platforms, and has held steadily until now.
Suddenly, they have started to take major actions—over the past day, this institution has transferred a total of 40,251 ETH (worth approximately $124 million) into a large exchange. The latest transfer was completed just an hour ago, with a single transfer of 26,000 ETH, valued at about $80.16 million.
Such sudden large movements by long-term holders shifting to exchanges often attract market attention. The behavior of low-cost holders often signals some market insight—whether they are preparing to reduce holdings for arbitrage or planning a major move, it’s worth monitoring.
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ChainSherlockGirl
· 15h ago
Wow, bought ETH at $660 and now he's just dumping it on the exchange? This guy must be either trying to lock in profits or brewing some big event.
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ForkLibertarian
· 18h ago
Damn, is this about dumping or crashing the market?
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LuckyHashValue
· 18h ago
Wow, this move... Five years' worth of $660 costs now directly invested in the exchange. Are they really scared or just playing some tricks?
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CodeAuditQueen
· 18h ago
Wait a minute, I've seen this trick before... When big players suddenly dump on the exchange, besides trying to crash the price, what else could they be doing? But this method is too crude; didn't they consider being caught?
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AlphaBrain
· 19h ago
Wow, $660 cost? This guy just took off
Wait, is he trying to dump or accumulate? I really can't figure it out
The big whale is moving, I have to keep watching
Feels like a change is coming, this rhythm feels off
This move is pretty aggressive, throwing over 400,000 coins into the exchange all at once
Could it be trying to bottom out? Holding this long...
Getting nervous, I need to check the order book
Such a big move must have insider info, just wait and see
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ContractBugHunter
· 19h ago
Damn, this pace... I can't hold back anymore.
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Wait, is it really about to dump? Or just testing the waters...
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Holding the average price of 660 for five years to get to now, this move is too steady, probably not without reason.
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26,000 ETH in one hour? Oh my, is this a dump or is there something else going on?
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When low-cost holders move, the retail investors behind them will have to tighten up.
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This is getting interesting, gotta keep a close eye on the upcoming market.
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Over 400,000 ETH entering exchanges... Looks like a major event is really being prepared.
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I bet it's not just simple arbitrage, there must be other intentions.
A long-term ETH holder/institution has made significant moves in the past 24 hours. This wallet has accumulated 101,000 ETH over the past five years at an average cost of $660 from several major mainstream trading platforms, and has held steadily until now.
Suddenly, they have started to take major actions—over the past day, this institution has transferred a total of 40,251 ETH (worth approximately $124 million) into a large exchange. The latest transfer was completed just an hour ago, with a single transfer of 26,000 ETH, valued at about $80.16 million.
Such sudden large movements by long-term holders shifting to exchanges often attract market attention. The behavior of low-cost holders often signals some market insight—whether they are preparing to reduce holdings for arbitrage or planning a major move, it’s worth monitoring.