$ETH Whale's big move! After 8 years of hoarding ETH, old players start to 'cash out in batches'? Candle Dragon will break down the signals for you!

Just now, a significant event was revealed on-chain: a whale who has been hoarding ETH since 2017 has transferred over 30,000 ETH to Binance and Galaxy Digital in the past month, worth about 70.55 million USD.

This individual is not an ordinary retail investor; on-chain records show their address has interacted with multiple institutional funds, with a holding period of over 8 years.

Movements of this level of old players are often not blind operations. The continuous transfer to exchanges may indicate cashing out in batches, adjusting positions, or preparing to participate in other ecological opportunities.

This does not represent a bearish outlook; rather, it is a common asset management strategy for long-term players when prices are relatively high. The current market is in a volatile phase, and the movements of whales are worth paying attention to, but it should not be overly interpreted as a signal for a significant drop.

For us retail investors, the key is not to follow blindly but to remain calm, continue dollar-cost averaging, and hold onto undervalued assets.

Whales have their strategies, and we have our rhythm. Bull markets have more volatility, and the actions of old players remind us: pay attention to risk control, avoid chasing highs, and don’t panic, hold onto the assets you truly believe in.

Monitoring on-chain data is good, but it's more important to learn to judge independently and patiently wait for your own opportunities. Follow Candle Dragon and participate in every attack from the Candle Dragon villagers! Candle Dragon will announce the specific entry times and real-time news in the village every day! #加密市场观察 #巨鲸交易