Noticed a major move by a leading institution recently in their Ethereum deployment. According to on-chain data tracking, this institution has been continuously increasing their ETH holdings, gradually withdrawing funds from several mainstream platforms, totaling nearly 30,000 ETH.
Breaking down the data reveals some interesting points — over 18,000 ETH were transferred out from a top custody platform, worth nearly $55 million; at the same time, more than 11,000 ETH were withdrawn from another exchange wallet, valued at around $33 million. Overall, the total scale of this operation is approximately $88 million.
Such a concentrated accumulation action at this level is indeed worth paying attention to in the current market environment. Changes in large institutional positions often reflect judgments about the medium-term market trend, especially at this juncture, making it even more worth pondering.
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WinterWarmthCat
· 6h ago
Hmm... investing 88 million USD is quite interesting in this pace.
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gas_fee_trauma
· 6h ago
88 million invested, this move is indeed significant. Are the big players demonstrating to the secondary market?
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FadCatcher
· 7h ago
Big institutions really can't hold back this time, pouring in directly 88 million USD. It seems they still have confidence in the future market.
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NFTRegretful
· 7h ago
Large institutions are accumulating, and we're retail investors still hesitating
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$88 million worth of moves, this has to be linked to
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It's another big player quietly building positions. When will it be our turn to make money?
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Buying 30,000 ETH in one go, the signal is clear enough, right?
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Looking at these data, it's a bit frustrating. We also need to get on board
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If big institutions are daring to do this at this point, they must have a plan
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Continuously withdrawing funds from exchanges, clearly optimistic about the market
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We're about to be harvested again by big players, helpless
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$88 million, this is the institution's resilience
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Such obvious accumulation signals, what are we hesitating for?
Noticed a major move by a leading institution recently in their Ethereum deployment. According to on-chain data tracking, this institution has been continuously increasing their ETH holdings, gradually withdrawing funds from several mainstream platforms, totaling nearly 30,000 ETH.
Breaking down the data reveals some interesting points — over 18,000 ETH were transferred out from a top custody platform, worth nearly $55 million; at the same time, more than 11,000 ETH were withdrawn from another exchange wallet, valued at around $33 million. Overall, the total scale of this operation is approximately $88 million.
Such a concentrated accumulation action at this level is indeed worth paying attention to in the current market environment. Changes in large institutional positions often reflect judgments about the medium-term market trend, especially at this juncture, making it even more worth pondering.