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Gate ELSA Futures Trading Challenge is Now Live!
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Details: https://www.gate.com/announcements/article/47889
Institutional big players transfer nearly $141 million worth of ETH, flow to unknown wallets sparks concern
【Crypto World】A major exchange’s institutional account just made a big move—transferring out 48,055 ETH at once, worth approximately 141 million RMB. The funds were sent to an unknown wallet address, and the specific destination cannot be tracked for now. Such large institutional transfers often trigger market speculation, possibly involving asset allocation, risk hedging, or other strategic arrangements. For traders who follow on-chain movements, this whale-level ETH liquidity is undoubtedly a signal to watch closely.