A large ETH holder's recent activity has drawn attention. From January 9 to 10, this trader with the address 0x69b...0e378 gradually sold ETH at an average price of $3,078.51. Within just a few hours after the sale, he quickly transferred the assets to a major exchange and received USDT worth $8 million. On-chain data suggests that this USDT has likely already been cashed out. In this operation, the swing trader successfully made a profit of $83,000. Interestingly, at least two other major holders have chosen similar withdrawal strategies during the same period, which may indicate that short-term holders are gradually taking profits.
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A large ETH holder's recent activity has drawn attention. From January 9 to 10, this trader with the address 0x69b...0e378 gradually sold ETH at an average price of $3,078.51. Within just a few hours after the sale, he quickly transferred the assets to a major exchange and received USDT worth $8 million. On-chain data suggests that this USDT has likely already been cashed out. In this operation, the swing trader successfully made a profit of $83,000. Interestingly, at least two other major holders have chosen similar withdrawal strategies during the same period, which may indicate that short-term holders are gradually taking profits.