An early Ethereum adopter is offloading a massive position. According to on-chain data, this OG investor originally accumulated 154,076 ETH at roughly $517 per coin. Recently, he moved 40,251 ETH—valued at approximately $124 million—to a major exchange over just 2 days. That's a significant chunk. His remaining wallet still holds 26,000 ETH worth around $80 million, suggesting this could be a partial exit rather than a full liquidation. The activity raises questions about whether major holders are taking profits at current levels or simply repositioning their assets.