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On-chain data shows that the well-known Ethereum whale wallet 0xB3E8 has been very active recently. This large holder transferred 13,083 ETH to the Gemini exchange in the past 48 hours, which is worth approximately $43.35 million at current prices.
This move has attracted market attention. Interestingly, even after this large transfer, the wallet still holds 34,616 ETH, valued at about $115 million. This indicates that the holder's chips are still substantial, and their subsequent actions are worth monitoring.
Transfers of this whale-level scale often reflect changes in market expectations of large funds and have become an important reference for many retail investors observing market nodes.