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Whale address suddenly withdrew 5,894 ETH, and last week, they also made a large deposit into SKY staking.
【Blockchain Rhythm】An interesting on-chain phenomenon worth paying attention to. A large wallet has recently withdrawn 5,894 ETH from a major exchange within the last 10 minutes, which is approximately $18.33 million at current prices. What does this imply? Looking back over the past week, the same address also made a move—withdrawing 37.09 million SKY tokens (worth $2.33 million) and directly transferring them into a staking contract. Based on the scale of the withdrawal and the frequency of operations, this whale seems to be actively positioning itself, first participating in the SKY staking ecosystem, then making a large ETH withdrawal, possibly preparing for upcoming market actions. Such whale behaviors often serve as market indicators, as every move by large holders could signal the next market trend.