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Two New Wallets Withdraw 22,434 ETH from Centralized Exchanges Following ETH Price Surge Above $3,600
Gate News bot message, two newly established wallets have executed withdrawals totaling 22,434 ETH (approximately $79.5M) from centralized exchanges within the last 6 hours.
This activity follows a broader pattern of significant ETH movements, as these same wallets have accumulated substantial holdings recently. Wallet address 0x35fb withdrew 103,274 ETH ($372.8M) over 9 days, while wallet 0x9684 moved 103,141 ETH ($372.3M) within 7 days, bringing their combined accumulation to 206,415 ETH ($745M).
The withdrawals occurred as ETH reached a new price point above $3,600. Source: Lookonchain