There have been some interesting movements on the blockchain recently. The operations of three wallets suspected to belong to the same whale entity over the past few hours are noteworthy — they withdrew assets from Lido and EigenLayer, then converted everything into ETH.



More importantly, this whale transferred 7,653 ETH to a major exchange deposit address, worth approximately $21.62 million. This transfer is typically interpreted by traders as a signal of reducing positions.

Data shows that these ETH were accumulated gradually from May 2023 to July 2025, with an average cost basis of around $2,476. Selling at the current price, this whale could lock in a profit of about $2.668 million.

Interestingly, while institutional traders are bullish, this large holder is quietly reducing their position. Is it profit-taking, or do they have a different outlook on the market? Perhaps, as the market is always a game of strategy — some are buying the dip, while others are taking profits. It seems market sentiment may need further observation.
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RetailTherapistvip
· 12-19 23:43
The big whale has run away, and we're still sleepwalking When institutions call for a bull run, they've already been at the door... This is called information asymmetry A profit of 2.66 million disappeared in a flash, so jealous While big players are reducing their positions, we're still buying in, classic move Wait, this rhythm feels off... Is it really reducing positions? Over 7,000 ETH dumped into exchanges, someone is about to get eaten Bullish on the market? I think they’re just bullish on their own wallet... Same old story, institutions call for a bull, whales are fleeing, and we're chasing Bought in at a cost of 2476, now all cashed out, a game for smart people The market always cuts retail investors, and this time it's our turn? Big players quietly making money, and we're still bragging in the group
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GasWhisperervip
· 12-19 19:07
whale liquidating stacks while institutions still chanting "hodl"... the mempool never lies, but wallets? they tell different stories. 7.6k eth bleeding out = someone already priced in the next 6 months. curious how retail catches up weeks later
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FOMOmonstervip
· 12-18 08:25
Whales are running, and I'm still debating whether to buy the dip... This mindset is really incredible. Big players are selling, and institutions are still calling for a bull? Haha, I've seen this trick many times. A profit of 2.66 million was just taken, I don't have the guts for that. Wait, this guy's cost is only a little over two thousand? My high-position trapped tears. Really? Are there still people who believe this isn't a sign of distribution? When someone takes over the position, someone else is fleeing the top; the market is just that real. Whales have cleared their positions; will it drop tomorrow... so nervous. That's why I never follow institutions calling for a bull; big players have already moved. 2.66 million was taken, how many years would I need to hold it? Smart people are already packing up, and fools are still adding positions, including myself.
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DecentralizeMevip
· 12-18 08:24
The big whales have left, retail investors are still shouting bullish, I've seen this script too many times Institutions are calling bullish on their lips but are frantically dumping on their hands, it's really incredible A profit of 2.66 million dollars—what does it mean? It just shows this wave isn't that simple Whales take profits when things look good, and we're still dreaming of ten thousand dollars It feels like a correction is coming, let's observe and see Large transfers to exchanges are just dumping, trust me, I'm right
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DegenRecoveryGroupvip
· 12-18 08:12
Big whales are all running, and some people are still bottom-fishing? Laughing out loud, this is the flavor of crypto. --- A profit of 2.66 million dollars, how fierce must one be to hold on for so long? Respect. --- When institutions call for a bull, whales dump the market. I've seen this script too many times. --- 7653 ETH suddenly listed on an exchange. How many people must have been scared to death? --- Withdrawing from Lido, converting directly to ETH, and then listing on an exchange—are they really trying to run or testing their bottom line? --- The current question is: do they know something we don't? --- Someone made 2.66 million and then ran, while I'm still struggling with losses. Uh. --- Those calling for a bull are the ones with few coins; those with coins have already started grabbing seats.
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