Giant whale movement, $63.82 million ETH poured into Ceffu, preparing for a big move or planning to cash out?
A mysterious large holder has just transferred 24,496 ETH into the crypto custody platform Ceffu, which is worth about $63.82 million at current prices. This kind of operation is not just small-scale; it could either mean preparations for a large over-the-counter transaction or intentions to hand over to institutional custody, and there may even be subsequent actions like listing, funds, or lending.
Such a level of movement often triggers a chain reaction. The good news: large holders are willing to keep custody long-term, not dumping, sending a signal of "I’m still holding"; the bad news may also exist: if it is preparing to sell, then that would be less than ideal.
In the short term, large capital movements often accompany emotional fluctuations; watch the market rhythm. Don't just enjoy the spectacle; paying attention to on-chain large flows is a key step in understanding market trends. By observing how whales swim, you can know which way the waves are breaking.
