Just caught an interesting on-chain move. A whale just dumped 6,200 ETH worth around $14.54M into a major exchange over the past day, averaging about $2,346 per coin. That's a pretty chunky deposit. What's wild though is this address still has another $17.84M worth of ETH sitting in Spark lending protocol. Looks like they're gradually rotating positions. With ETH currently trading around $2.33K, this whale's still holding decent liquidity across different platforms. Makes you wonder if they're taking profits or just repositioning. The split between exchange and lending protocol is interesting from a risk management angle.

ETH-1.02%
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