An interesting phenomenon. On January 10th, a certain fund flow behavior is worth noting — an active swing trading wallet 0x69b...0e37 has recently been increasing its ETH holdings.

What exactly is going on? This wallet has accumulated 2,597 ETH over the past 17 hours, totaling approximately $7,993,000. In just the last 2 hours, it withdrew 1,458 ETH from a major exchange. The average purchase price is around $3,078.

Interestingly, the scale of this activity is consistent with the wallet's typical swing trading behavior. This suggests that it might be part of its regular operational rhythm. Such large and continuous withdrawals usually reflect the holder's certain expectations about the market's future movements. For traders tracking smart money movements, this on-chain information is still valuable as a reference.