【Block Rhythm】Large holders are on the move again. Chain monitoring by Lookonchain shows that well-known institution Metalpha withdrew 6,000 ETH from Kraken in one go 3 hours ago, worth approximately $18.67 million at current prices.
This is not the first time Metalpha has made large withdrawals from exchanges. Frequent withdrawal behavior typically suggests that large holders are adjusting their positions or preparing for subsequent operations. In the current market environment, these kinds of whale movements often reflect institutional sentiment on the market outlook.
As the second-largest crypto asset, institutional-level withdrawal actions on ETH have always been worth paying attention to.
Metalphaが再び大量の出金！3時間以内にKrakenから6000 ETHを引き出し
【Block Rhythm】Large holders are on the move again. Chain monitoring by Lookonchain shows that well-known institution Metalpha withdrew 6,000 ETH from Kraken in one go 3 hours ago, worth approximately $18.67 million at current prices.
This is not the first time Metalpha has made large withdrawals from exchanges. Frequent withdrawal behavior typically suggests that large holders are adjusting their positions or preparing for subsequent operations. In the current market environment, these kinds of whale movements often reflect institutional sentiment on the market outlook.
As the second-largest crypto asset, institutional-level withdrawal actions on ETH have always been worth paying attention to.