The whale $ETH has withdrawn 2,850 $ETH, valued at $10.09 million, from Kraken. They currently hold 18,111 $ETH , valued at $64 million.

This move indicates significant accumulation, possibly for a long-term play or participation in DeFi, especially with the upcoming Fusaka Ethereum upgrade in November 2025, which promises to increase the gas limit to 150 million and improve scalability.

What do you think — is this whale accumulating $ETH for a big rally or just moving assets off the exchange for safety?