While BlackRock moves ETH onto exchanges to sell, one of crypto's oldest miners just pulled $26 million of it off Binance in two hours.

Chun Wang, co-founder of the Bitcoin mining pool F2Pool, took 15,740 ETH off the exchange this morning. It is the latest in a long pattern. Since March he has been doing this repeatedly, pulling ETH off exchanges and parking it in DeFi to earn yield while he holds.

Not trading. Taking it off the market entirely and locking it away. Buying into the same lows that ETF holders are currently running from.

Two of crypto's biggest players doing the exact opposite thing at the exact same time. BlackRock's investors redeeming and pushing ETH onto exchanges. A founder who has been mining Bitcoin since the early days quietly accumulating and removing supply.

We are about to find out who is right.