🐳 The whale moves! 5,300 ETH ($9.98 million) just withdrawn from Kraken!
On-chain monitoring firms The Data Nerd and OnchainLens sounded the alarm: a whale address starting with 0x8447, about 15 hours ago, withdrew 5,300 ETH in a single transaction from Kraken, worth approximately $9.98 million.
This isn’t its first “restock”—last month, the same address pulled 357.1 ETH (about $5.66 million) from Kraken and staked 224 of them. Currently, the address holds a total of 5,430 ETH (about $10.25 million), with another 224 ETH staked.
Market speculation is that this batch of ETH may all be used for staking. Exchange withdrawals plus staking expectations are usually a sign of long-term holding.
The whale is quietly accumulating—are you keeping up? 🧐