Over the past 8 hours, a major institutional player moved substantial holdings off one leading exchange—offloading 6,647 BTC (worth roughly $638M) and 4,179 ETH (around $13.76M). This follows an even larger exodus over the preceding 2 days, with cumulative withdrawals reaching 9,346 BTC, totaling approximately $900M in value. Such significant transfers often signal strategic repositioning or potential custody considerations among major market participants. Whether this represents accumulation strategy, risk management, or preparation for upcoming moves remains worth monitoring closely as these whale-scale movements typically precede notable market developments.