๐ŸšจCapital movement exposed: institutional address $7.13 million ETH flowing back to exchanges


On-chain data shows that address 0x859D (associated with Fenbushi Capital) has just withdrawn 3,063 Ethereum from Aave, worth about $7.13 million, and then transferred it to an exchange.
Notably, about 1 month ago, this batch of ETH was withdrawn from an exchange at a price of $2,017; based on the current price, the book profit is approximately $969k.
From the perspective of fund flow, this is a typical operating pattern of low-position withdrawal โ†’ position increase โ†’ ETH flowing back to exchanges. The market usually watches whether there is a possibility of taking profits in phases.
In the crypto market, real experts are often not the ones who chase price rallies, but the ones who plan ahead.
Prices change every day, but the logic of funds is never complicatedโ€”
Wait patiently for opportunities, then act decisively when the opportunity arrives. ๐Ÿš€#WCTCไบคๆ˜“็Ž‹PK #ๅŠ ๅฏ†ๅธ‚ๅœบๅฐๅน…ไธ‹่ทŒ #Polymarketๆฏๆ—ฅ็ƒญ็‚น $ETH $SSV
ETH2.36%
SSV0.66%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
Add a comment
Add a comment
No comments