A whale on the chain has recently been creating new wallet addresses frequently, followed by large-scale withdrawal operations from a major exchange. The withdrawal includes 775 BTC (worth approximately $67.26 million), 5767 ETH (worth approximately $16.93 million), and various other tokens. Such large withdrawals often indicate that the whale may be adjusting its asset allocation or preparing for a long-term holding strategy. The creation of new wallet addresses is often associated with privacy concerns or asset restructuring, and the market should pay attention to its subsequent on-chain activity.