According to @ai_9684xtpa monitoring, five new addresses withdrew 29,598 ETH from Coinbase 8 hours ago, valued at $68.94 million. The receiving addresses have not transferred or sold any funds yet, with an average withdrawal price of $2,329 per ETH. It has not yet been determined whether this is whale accumulation, institutional position building, or hot wallet fund consolidation.

ETH-0.78%
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