ETH whale activity: Hayes transfers out 680 ETH, possibly indicating a selling intention

【ChainWen】On-chain data shows that well-known trader Arthur Hayes recently transferred a total of 680 ETH to a major exchange and Flowdesk, worth approximately $2.03 million. Based on the transfer pattern, this is likely a preparation for subsequent sale. Once this move was detected by Onchain Lens on the blockchain, it immediately drew market attention—after all, large ETH outflows often trigger market sentiment shifts. Whether this is a short-term rebalancing or a bearish signal remains to be seen through future actions.