Oct 8, 10:13 — $ETH just saw 15,000 coins land in a Bybit hot wallet in a single transfer, worth around $38.5M.
That's the kind of move that puts supply on the doorstep of an exchange. Sometimes it's the prelude to heavy selling, sometimes it's an internal reshuffle that goes nowhere. Size alone doesn't tell you which.
I've watched transfers like this fizzle plenty of times, so treat it as one data point, not a signal. Still, worth knowing it's out there.
Not financial advice.
#Ethereum #ETH #WhaleWatch #OnChain #Crypto
That's the kind of move that puts supply on the doorstep of an exchange. Sometimes it's the prelude to heavy selling, sometimes it's an internal reshuffle that goes nowhere. Size alone doesn't tell you which.
I've watched transfers like this fizzle plenty of times, so treat it as one data point, not a signal. Still, worth knowing it's out there.
Not financial advice.
#Ethereum #ETH #WhaleWatch #OnChain #Crypto