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A new Wallet suddenly withdrew 42,000 ETH, worth 120 million USD.
[Chain News] on-chain anomalies detected.
A newly created wallet 0x36ED has directly withdrawn 42,225 ETH from a leading exchange. At current prices, this transfer is worth nearly $120 million.
New address + large withdrawals, this operation is worth paying attention to. It may be institutional rebalancing or large holders preparing to position themselves. In any case, such a volume of ETH transfer is often not without reason.
On-chain data doesn't lie, how this address moves next may be answered by the market.