An interesting thing happened - a Whale Address withdrew 13,412 ETH from a major exchange in one go half an hour ago. Based on the transaction price of $3027.8 at that time, this transfer was valued at approximately $40.61 million.

It is also worth noting the operational details. This Address conducted a round of small tests 6 hours prior to a large transfer, seemingly to verify the process and ensure everything is foolproof. Such cautious steps are common in operations involving large Whales—after all, transferring assets worth tens of millions incurs a high cost if something goes wrong.

The logic behind this transfer is worth pondering. With the ETH price at this level, the big whales choosing to accumulate in large quantities reflects their expectations for future trends. Holding over 13,000 units in the current market environment is enough to have a certain impact on liquidity.