#密码资产动态追踪 Ethereum on-chain activity shows large transactions again, with frequent bottom signals

Recently, an interesting phenomenon has been observed on-chain — an experienced trader has continuously withdrew 1458 ETH from exchanges over the past two hours. This is not an isolated event; tracking data shows that this whale's total holdings have reached 2597 ETH, roughly equivalent to 8 million USD in RMB terms, with an average entry cost around 3078 USD.

This move is very deliberate.

First, being able to deploy nearly 8 million USD in a single price range through batch purchases is definitely not typical retail behavior. Such smart money usually has deep market experience and risk management systems; every step they take is well thought out. Impulsive decisions? That’s simply not in their vocabulary.

Why choose this timing? The answer is straightforward — ETH price is oscillating between 3060 and 3100 USD, and this whale is consistently accumulating at around 3078 USD. What does this indicate? Their logic is clear: this price zone offers enough safety margin, with a bottom for declines and more promising potential for gains. Instead of waiting for a perfect entry point, they prefer to buy in batches, lower their average cost, and accumulate chips for the possible upward move ahead.

While the whale’s strategy cannot guarantee 100% accuracy, it is certainly an important market indicator. Their actions at least send a clear signal: in the current price range, well-funded players see limited downside and more attractive upside potential. This is a typical feature before a major market move — strategic accumulation on the left side, bottom-fishing, and patience.

Currently, overall market sentiment remains cautious, but smart money’s moves often lead market sentiment changes. They dare to continue buying during volatility, essentially voting with their capital. For us, there’s no need to blindly follow, but this signal must be taken seriously.

The key next observation point is clear: can the price hold above the support zone of 3050 to 3100 USD? If successful, the next step is whether it can break through the resistance level with increased volume, which will determine if a new upward cycle is truly underway.

Markets always quietly brew when most people are not paying attention. Stay patient, keep an eye on on-chain movements, and seize the opportunities that truly belong to you in every market fluctuation.