According to on-chain data tracking, a wallet holding a large amount of digital assets recently executed a significant asset transfer. The address transferred out 2,218 ETH from an exchange, equivalent to approximately $7.06 million at current prices, and also withdrew 37.1 million SKY (about $2.22 million) and 4,772 AAVE (around $7.79 million).
This operation indicates that major market players are adjusting their asset allocations in the current period. Notably, the wallet’s transaction history is relatively active — 19 days ago, it received 519 ETH from an institution (worth about $1.62 million at that time). After this withdrawal, its total ETH holdings reached 2,738, which is approximately $8.79 million based on the latest prices.
From the transaction pattern, whales are conducting large multi-asset transfers within a short period, reflecting portfolio adjustments. Such on-chain activities often attract market participants’ attention, as the movements of institutions or large holders are often seen as market sentiment indicators. Currently, the price of Ethereum fluctuates around $3,210, AAVE is quoted at about $163.49, and SKY is traded near $0.06.
The increased activity of this wallet may indicate changes in market liquidity, and it is also worth for on-chain data enthusiasts to continue monitoring its subsequent movements.
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Whale large transfer out of 2218 ETH, recent on-chain activity is frequent
According to on-chain data tracking, a wallet holding a large amount of digital assets recently executed a significant asset transfer. The address transferred out 2,218 ETH from an exchange, equivalent to approximately $7.06 million at current prices, and also withdrew 37.1 million SKY (about $2.22 million) and 4,772 AAVE (around $7.79 million).
This operation indicates that major market players are adjusting their asset allocations in the current period. Notably, the wallet’s transaction history is relatively active — 19 days ago, it received 519 ETH from an institution (worth about $1.62 million at that time). After this withdrawal, its total ETH holdings reached 2,738, which is approximately $8.79 million based on the latest prices.
From the transaction pattern, whales are conducting large multi-asset transfers within a short period, reflecting portfolio adjustments. Such on-chain activities often attract market participants’ attention, as the movements of institutions or large holders are often seen as market sentiment indicators. Currently, the price of Ethereum fluctuates around $3,210, AAVE is quoted at about $163.49, and SKY is traded near $0.06.
The increased activity of this wallet may indicate changes in market liquidity, and it is also worth for on-chain data enthusiasts to continue monitoring its subsequent movements.