According to on-chain analyst Ai Yi (@ai_9684xtpa), the address 0x41A...F7277 deposited 6,427 ETH to Bybit 5 hours ago, worth approximately $24.7 million at current prices💰! This address has interacted with Mirana Ventures in the past, but its ownership is still unconfirmed🤔.

With such a large amount of ETH suddenly flowing into the exchange, many people are starting to speculate: Is this a sell-off? Or is an institution rebalancing for a new round of operations? After all, it's a significant amount, and any slight movement can sway market sentiment📉📈.

My view is, don't panic just yet; on-chain capital flow isn't necessarily a bad thing, it could be arbitrage, currency swapping, or internal rebalancing. The key is to observe the market reaction in conjunction with subsequent trends. In the short term, ETH volatility may increase, so remember to set your take-profit and stop-loss levels⚠️. #ETH