Are there any Whales secretly building a position?
I just noticed that in the past two hours, a brand new address transferred 56,291 ETH from a major exchange, worth about 160 million USD, directly to the blockchain.
Is this operation a bottom fishing or is there another plan?
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.
14 Likes
Reward
14
4
Repost
Share
Comment
0/400
MultiSigFailMaster
· 7h ago
Here we go again, this trap of rhetoric... Are you directly imagining that the new address withdrawal is a Whale building a position?
View OriginalReply0
GasFeeDodger
· 7h ago
56k ETH withdrawn in one go? This guy either has overwhelming confidence or is playing some kind of big game.
View OriginalReply0
RunWhenCut
· 7h ago
Dude, pulling out 160 million US dollars at once, that requires such a big heart.
View OriginalReply0
CryptoHistoryClass
· 7h ago
honestly just the 2017 playbook running again... whale accumulation → retail fomo → rugpull narrative. we've seen this exact pattern like three times already lmao
Are there any Whales secretly building a position?
I just noticed that in the past two hours, a brand new address transferred 56,291 ETH from a major exchange, worth about 160 million USD, directly to the blockchain.
Is this operation a bottom fishing or is there another plan?