On-chain monitoring data shows that a smart money address engaged in swing trading has recently made a major move—after two weeks, it has increased its ETH holdings again. Specifically, this address withdrew 1,139 ETH from a major exchange 10 hours ago, equivalent to approximately $3.5 million, with an average withdrawal price of $3,071.68. Interestingly, behind this operation is that the same address earned $807,000 from swing trading ETH between December 28 last year and January 6 this year. Rebuilding positions now indicates that large investors have a clear understanding of the upcoming market rhythm. Such large on-chain transactions often reflect smart money's market judgment and are worth monitoring for future developments.