Veteran ETH holder withdraws $40 million to exchanges over two days, still holding 115 million.

GasFeeLady · 2026-01-16T00:48:13+00:00

A player who has held ETH for 8 years recently deposited 13,083 ETH worth approximately $43.35 million into the Gemini exchange, drawing market attention. This address also holds 34,616 ETH, and there are various speculations in the market about the motives behind its large withdrawals.

GasFeeLady

2026-01-16 00:48:13

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【BitPush】Interesting on-chain activity. A seasoned player who has held ETH for 8 years (address 0xB3E8) recently made a big move—depositting a total of 13,083 ETH into Gemini exchange over two days, worth approximately $43.35 million USD. This transfer was immediately detected by on-chain monitoring systems.

The background of this address is not simple. An early participant in the ETH ecosystem, having experienced multiple market cycles, still holds 34,616 ETH, valued at about $115 million USD. Whether this large withdrawal is for reducing holdings and cashing out or just moving funds to a different wallet for liquidity management remains speculation. However, such large transactions often attract traders’ attention—after all, this is whale-level real money moving around.

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AirdropLicker

· 01-19 00:47

Damn, the 8-year-old veteran still holding 115 million now, this move is really impressive.

Wait, over 40 million withdrawn to exchanges, is he trying to dump or what?

This guy has survived all these years, he definitely won't make reckless moves. I bet 5 bucks he's doing liquidity.

Just looking at on-chain data, I can tell the market trend. When big players move, small investors follow suit. It's hilarious.

This is what long-termism looks like. Others have already been cut into shreds.

He entered the market 8 years ago and is still here. What about us? Still repeatedly buying the dip and getting trapped, haha.

Thinking carefully, those who truly make money never play these tricks.

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WhaleWatcher

· 01-17 14:49

Wow, this guy still holds 115 million, truly experienced in the big waves.

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CodeZeroBasis

· 01-17 07:32

An 8-year veteran player escapes with 40 million, leaving 115 million still lying around. This pace is a bit frightening.

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BlockchainArchaeologist

· 01-16 01:18

An 8-year veteran still has 115 million. This move... isn't it really a signal to clear out?

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NftBankruptcyClub

· 01-16 01:17

Has this guy been here for 8 years? Truly impressive. But dropping 43.35 million in one go into Gemini... Is he planning to dump or play the liquidity game?

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gas_guzzler