A wallet potentially connected to Fenbushi Capital has just moved 7,798 ETH (approximately $25M) into a major exchange following a 2-year staking period. The transfer signals potential liquidation or position adjustment from the institutional holder. Such large-scale ETH movements from staking positions warrant close monitoring, as they often indicate shifts in institutional sentiment or upcoming market positioning changes. The timing and scale of this deposit—roughly $25 million worth—could impact short-term ETH liquidity dynamics on trading platforms.
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.
13 Likes
Reward
13
4
Repost
Share
Comment
0/400
MissedTheBoat
· 4h ago
Fenbushi's move, investing $25 million into the exchange—are they fleeing or laying an ambush? It's hard to see through.
View OriginalReply0
RugpullTherapist
· 4h ago
Oh no, are the big whales dumping again? 25 million USD flowing into the exchange, this pace feels off.
---
Is Fenbushi planning to run or what? After the 2-year staking period ends, they’re rushing to escape.
---
Forget it, I’ve become numb to such large transfers. Anyway, it will still drop when it drops.
---
Wait, when institutions dump, liquidity will surge, and the bears will be overjoyed.
---
Another excuse of "institutional rebalancing," but honestly, it’s just a way to cut the grass.
---
2.5 billion coming out, why do I feel like it’s going to break the bottom?
---
This move... is it really rebalancing or just a direct dump? The suspense is high.
---
Fenbushi’s recent actions are indeed worth caution, but the "institutional抱团" (grouping) narrative from the big A-shares market should also be reconsidered here.
View OriginalReply0
PrivacyMaximalist
· 4h ago
Is Finbush starting to dump again? Be careful with this liquidity shock; institutions wouldn't pour so much into exchanges without reason.
View OriginalReply0
SmartContractDiver
· 4h ago
Institutions are selling? Keep an eye on it. With $25 million poured in, what kind of market movement can it create?
A wallet potentially connected to Fenbushi Capital has just moved 7,798 ETH (approximately $25M) into a major exchange following a 2-year staking period. The transfer signals potential liquidation or position adjustment from the institutional holder. Such large-scale ETH movements from staking positions warrant close monitoring, as they often indicate shifts in institutional sentiment or upcoming market positioning changes. The timing and scale of this deposit—roughly $25 million worth—could impact short-term ETH liquidity dynamics on trading platforms.