Just saw an interesting piece of news, feeling that whales and institutions are quietly hoarding ETH. In the past 3 hours, wallets related to Cumberland have transferred 27,632 ETH from major platforms like Copper, Binance, and Coinbase, worth approximately 50.24 million USD.

This operation is quite thought-provoking. Generally speaking, when large institutions make such significant moves, it might be an indication of positioning for a long-term market. ETH has recently had upgrade expectations, and with mainstream funds continuously focusing on the crypto market, such large transfers might be institutions preemptively hoarding, waiting for the subsequent market to kick off.