Spotted something interesting on-chain today. A whale just pulled 4,900 ETH from a major exchange near the start of the recent ETH rally, grabbing them at around $1,978.82 per token. That's roughly $9.71 million worth. Pretty solid move considering ETH is trading higher now, so they're sitting on about $457k in unrealized gains. What caught my attention though is that this same address had dumped 14,428 ETH into the exchange just two days before, near the $2,037 level. Looks like they were testing the waters or maybe hedging. Either way, it's the kind of whale activity that makes you wonder what they're thinking for the next move. These big players usually have a plan.

ETH-0.86%
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