Noticed an interesting phenomenon: in the past 7 hours, two Wallet Addresses have successively deposited 13,356 ETH to Kraken, which is approximately 36.69 million dollars at the current price.
The operation paths of these two addresses are almost identical—both first exchange stETH for ETH, and then transfer to the exchange. More importantly, both wallets have held their positions for over 5 years, with a cost that is shockingly low, around 1000.
It is still uncertain whether these two addresses are operated by the same whale or belong to an institutional entity. However, such a large transfer of old coins with low cost usually signifies something that those who understand will know. Market sentiment is inherently sensitive, and such actions can easily trigger a chain reaction.
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OnchainSniper
· 4h ago
Wow, this rhythm is a bit fierce. Old coins at bottom price are being smashed into the exchange. Is this going to take action or...
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A 5-year old sucker suddenly takes action, feels a bit uneasy.
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Those who understand know that this sentence is the most absolute. I just want to know what the reaction will be next.
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Over 13,000 ETH, this move is really ruthless, the market has to tremble a bit.
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Exchanging stETH for ETH and then entering the exchange, this combination doesn't look like a simple long-term optimism.
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The old whale has awakened, is the show about to start?
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After holding at the bottom price for five years, it's finally going to move. The timing is incredibly accurate.
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Two wallets have the same operation path? Institutions? Linkage? Feels like this matter is not that simple.
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Waiting to see what happens next, this kind of large investor action is never aimless.
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SlowLearnerWang
· 4h ago
Damn, it's this old coin age dumping trick again. Why am I always the last to know?
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NFTFreezer
· 4h ago
Wow, the holding cost for 5 years is only 1000? If this guy dumps, how much profit will he make? If it were me, I'd be panicking too.
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WalletDivorcer
· 4h ago
The old whale is about to dump, this is getting interesting.
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The cost of buying 5 years ago was only 1000 dollars? I need to reflect on myself...
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The operation of exchanging stETH for ETH doesn't look like a retail investor.
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13,356 ETH, who the hell wouldn't be scared?
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Two addresses in the same wallet like this definitely have a story.
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Low-cost holdings transferred to the exchange, isn't this just wanting to dump?
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Early players are finally cashing out, the market needs to be careful.
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NotAFinancialAdvice
· 4h ago
Is this brother going to dump or what...
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5 years of Holdings cost only 1000 dollars? I'm really tempted by this cost
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The operation paths of the two Wallets are exactly the same, who wouldn't suspect it's the same person playing
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More than 36 million dollars dumped all at once, dumb buyers should be nervous
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If this really dumps, I will be really upset, I was just chasing the price yesterday
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Exchanging stETH for ETH to enter the exchange again, standard dump process
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Got any insider information, fren? I trust you
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Another big Whale movement plot, how will this be resolved
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Feeling bad, watching others dump at low price
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I bet this won't fall, Reverse operation one hand
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GrayscaleArbitrageur
· 4h ago
No way, a 5-year old holding directly dumps 36 million on the exchange? How much do they look down on the current price, haha
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Converting stETH to ETH and then fueling the exchange, I've seen this trick too many times
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If they dump out at a cost of 1000, they're either preparing to rug pull or this wave is really going to fall
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Two wallets have the same operation path? Might just be the same group of people diversifying their risk
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Those who understand, understand, this is called "the troubles of the wealthy"
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Over 13,000 ETH, this must be an institution or an ecological foundation, otherwise who is so ruthless
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I take a look at the candlestick chart, and I feel something is going to happen
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This rhythm, definitely the night before the dumping, everyone
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The question is, who knows why they are dumping, it might not even be a sell-off.
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DegenWhisperer
· 4h ago
The old Whale is about to dump, this will be a good show to watch.
Noticed an interesting phenomenon: in the past 7 hours, two Wallet Addresses have successively deposited 13,356 ETH to Kraken, which is approximately 36.69 million dollars at the current price.
The operation paths of these two addresses are almost identical—both first exchange stETH for ETH, and then transfer to the exchange. More importantly, both wallets have held their positions for over 5 years, with a cost that is shockingly low, around 1000.
It is still uncertain whether these two addresses are operated by the same whale or belong to an institutional entity. However, such a large transfer of old coins with low cost usually signifies something that those who understand will know. Market sentiment is inherently sensitive, and such actions can easily trigger a chain reaction.