Recent movements of major whales in the crypto market have attracted attention. On-chain data shows that an anonymous address transferred 12,000 BTC from an exchange to a cold wallet within 3 days, marking the largest single transfer in half a year; additionally, long positions continue to increase ETH holdings, totaling over 50,000 coins. The market interprets this as a long-term bullish signal — whale accumulation may be hedging inflation or betting on the continuation of the bull market. Analysts say that such operations could alleviate short-term selling pressure and help stabilize and rebound the coin price.