Once again, the old large investors of Ethereum are dumping.

Just half an hour ago, this whale address holding over 110,000 ETH transferred 1,000 ETH to the exchange again, equivalent to about 3.03 million USD. This transaction might not seem impressive at first glance, but it becomes interesting when you look at the longer time frame—

In the past month, he has gradually sold 10,500 Ether, cashing out a total of 35.39 million USD. Currently, he still holds 110,081 Ether in his wallet, which is worth over 335 million USD at the current market price.

With a position of this size, any movement is enough to make the market take notice. No wonder that every time he swaps coins, the market starts to react.

Don't guess the thoughts of Large Investors — but their on-chain actions are indeed worth paying attention to.