#ETH走势分析 is quite interesting. Recently, an old address that has been holding coins for over 8 years has started making moves.

Address 0xdEC…4151E began transferring a total of 30,603 ETH to a major exchange and Galaxy Digital starting from October 28. At the time, with ETH priced at $3,299, that’s roughly $70.55 million. This wallet started accumulating Ethereum back in 2017, and on-chain records show it has had fund transfers with Fenbushi Capital and FBG Capital.

However, it’s worth noting—transferring coins doesn’t necessarily mean selling them.

A lot of people see old wallets making transfers and immediately shout “dumping,” but the reality may be much more complex: institutional custody transfers? OTC block trade settlements? Cold wallet rotation? Or even just routine risk hedging operations? All of these are possible.

So, just treat this as a market signal and don’t jump to conclusions. And definitely don’t rush to open a position just because of one address’s activity. The moves of old wallets are worth watching, but they shouldn’t be the sole basis for your trading decisions.