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Big Whale continuously adjusts holdings, withdrawing thousands of ETH and millions of SKY within 7 hours
【ChainWen】A major whale has been active recently. 7 hours ago, this wallet withdrew a total of 2,218 ETH (worth $6.52 million), 37.1 million SKY (worth $2.36 million), and 4,772 AAVE (worth $730,360) from a top-tier exchange in a single transaction. The withdrawal scale is significant, involving three different assets across a wide range.
Interestingly, the wallet's historical activity is also worth noting. 19 days ago, it received 519 ETH from an institutional wallet, valued at $1.62 million at the time. Since then, its ETH holdings have been continuously adjusted.
As of now, this wallet's total ETH holdings have reached 2,738, with a total value of approximately $8.07 million. From large withdrawals to portfolio adjustments, these actions are sending market signals—whether for risk management, asset allocation, or other strategic considerations, the movements of major wallets often reflect the true intentions of market participants. For traders who focus on on-chain data, such wallet activity indeed provides valuable insights.