1h ago
Seven newly created wallets withdraw $164.88 million in ETH over the past 3 days
Over the past 3 days, seven newly created wallet addresses have withdrawn $164.88 million worth of Ethereum (ETH). The on-chain activity involved a large sum and the wallets had no prior transaction history. Such moves are often associated with covert large-scale selling or fund transfers, raising concerns about near-term supply pressure and the intentions of an unknown seller. The activity is directly tied to ETH and is characterized as a typical on-chain whale transaction, without links to exchange announcements, regulatory policy, or protocol upgrades.
ETH
ETH-2.69%
1h ago