A certain whale deposited 3,492 ETH into Binance within 24 hours, worth 15.57 million dollars, making a profit of 17.37 million dollars. Two years ago, they withdrew 5,800 ETH from CEX and still hold 2,650.

This whale's operation is very steady; the rise of ETH from a low position made them earn a fortune, but it also reveals market differentiation. Combined with another whale proposing 100,000 LINK, there are frequent on-chain capital movements, and altcoins may be about to take off.

I believe that after the net inflow of 2.8 billion for ETH spot ETFs, institutional interest has become strong. This whale's profit could be a signal for a portfolio change.