🚨On-chain Alert: Four large transfers within just 7 minutes—are USDC and ETH whales the same person?

Just now (04-29 19:10 - 19:17), on-chain monitoring detected multiple extreme movements:

· 19:10 ｜ 80,882,899.85 USDC (≈80.87 million USD)

· 19:14 ｜ 79,000 ETH (≈184 million USD)

· 19:17 ｜ 80,989,992.69 USDC (≈80.98 million USD)

· 19:17 ｜ Another transfer of 80,989,992.69 USDC

👉 In just 7 minutes, approximately 242 million USDC + 184 million ETH were transferred, totaling over $426 million.

🔍 Several key details are worth scrutinizing:

1. The two USDC transfers are nearly identical in amount (around 80.98 million), with only a few seconds between them, suggesting they may be split transfers by the same entity or operations from two addresses.

2. The ETH transfer occurred between two USDC transfers in the USDC chain, not in random order—more like rebalancing or preparing for on-chain interactions (such as staking, swapping, or cross-chain activities).

3. All sending and receiving addresses are marked as “unknown wallets,” not exchange hot wallets, most likely institutional cold wallets transferring internally or OTC preparations.

🧠 Market perspective (for reference only):
This pattern of “mass movement of USDC + ETH almost simultaneously” is common in:

· Fund accumulation/distribution before large investors enter or exit;

· Depositing stablecoins + ETH into decentralized lending protocols as collateral;

· Or simply repositioning assets, but doing so during off-peak hours, indicating some urgency.

This article is an original analysis by “Haoer H.”

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