The dormant whale awakens, or is it laying a trap? The movement of 5,180 ETH is not simple.
On-chain tracking has focused on a whale that has not surfaced for a long time: after a 7-month silence, it suddenly withdrew 5,180 ETH from Bitfinex, worth up to $12.57 million, and quickly injected these funds into AaveV3.
Is this purely passive income, or is it brewing a larger move?
History has repeatedly shown that when dormant large holders come back to life, it often means the market will be stirred in advance.
After being inactive for 7 months, it now makes a large deposit into a lending protocol,
Is it stocking up in advance, or hedging at a high price?
Do you think this is “confidence,” or is “risk” quietly dancing?
Paying attention to the cash flow of this whale may reveal the next direction.