After staying quiet for a while, the “1M $ETH ICO whale” is moving again, sending another 10,000 Ethereum (~$23.2M) into a multisig wallet—and if you’ve followed this address before, the pattern feels pretty familiar. the receiving wallet has already funneled over 12,001 #ETH to exchanges like OKX in the past couple of months, usually in batches after these kinds of transfers. so this doesn’t look like simple storage, it’s more like setting up for another round of gradual selling. nothing aggressive or panic-like, but definitely controlled distribution. with wallets like this, movements tend to be deliberate, and while it may not hit the market all at once, steady flows like these can quietly add pressure over time.

addresses:
ICO: 0x7d6149aD9A573A6E2Ca6eBf7D4897c1B766841B4

source: 0x2bf916f8169Ed2a77324d3E168284FC252aE4087

suspected dumping: 0x26ca16A09F7AdEaCf544c4BaFb1a9C0Ef02B9392

ETH
ETHUSDT
2,319.34
-0.68%
ETH
ETH
2,320.87
-0.68%