$ETH Whale Withdraws 5,000 ETH From Kraken — $15.51M on the Move 🚨🐳
A significant Ethereum whale has just withdrawn 5,000 ETH-valued at $15.51M-from Kraken, sending the entire amount to wallet 0x8bEb…5Aa4. The move marks a sizable shift from exchange custody to self-held storage.
The withdrawal was executed in a single transaction, suggesting deliberate consolidation rather than routine activity. Large outflows of this size often reduce immediate sell-side liquidity and can hint at longer-term positioning.
With ETH volatility picking up, whale withdrawals continue to draw heightened attention across the market.
Is this whale preparing for a strategic hold—or gearing up for further on-chain activity?
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