Big Whale continuously adjusts holdings, withdrawing thousands of ETH and millions of SKY within 7 hours

RektRecovery · 2025-12-29T00:46:13+00:00

A major whale wallet recently conducted a large-scale withdrawal, including 2,218 ETH, 37.1 million SKY, and 4,772 AAVE. The wallet's historical activity shows its ETH reserves are continuously adjusting, currently holding 2,738 ETH, reflecting the true intentions of market participants and worth paying attention to.

RektRecovery

2025-12-29 00:46:13

Abstract generation in progress

【ChainWen】A major whale has been active recently. 7 hours ago, this wallet withdrew a total of 2,218 ETH (worth $6.52 million), 37.1 million SKY (worth $2.36 million), and 4,772 AAVE (worth $730,360) from a top-tier exchange in a single transaction. The withdrawal scale is significant, involving three different assets across a wide range.

Interestingly, the wallet’s historical activity is also worth noting. 19 days ago, it received 519 ETH from an institutional wallet, valued at $1.62 million at the time. Since then, its ETH holdings have been continuously adjusted.

As of now, this wallet’s total ETH holdings have reached 2,738, with a total value of approximately $8.07 million. From large withdrawals to portfolio adjustments, these actions are sending market signals—whether for risk management, asset allocation, or other strategic considerations, the movements of major wallets often reflect the true intentions of market participants. For traders who focus on on-chain data, such wallet activity indeed provides valuable insights.

ETH1.16%

SKY-1.68%

AAVE-1.93%

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ChainMemeDealer

· 9h ago

Big Whale is up to tricks again; this move looks like they're shaking off chips.

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ser_ngmi

· 9h ago

Big Whale is up to something again. This token withdrawal rhythm is quite interesting this time. Does anyone still hold a large position in SKY? Over 2,000 ETH withdrawn directly—cold wallet or what? It feels like a next move, but who knows what kind of move it is. The biggest fear with large withdrawals like this is a dump. Hope it's not a sign of distribution.

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SmartContractPlumber

· 9h ago

This big whale's withdrawal rhythm... looks like they are doing risk isolation. With so many SKY tokens being withdrawn at once, either they think the exchange risk is high or they are preparing something. Speaking of which, this kind of cross-asset multi-chain withdrawal is most worried about contract permission management issues—there have been cases in previous years where wallets were directly emptied after being authorized. It's important to regularly audit your allowances.

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MoodFollowsPrice

· 9h ago

Big Whale is rebalancing again, this time directly suggesting... Is it to dump the market or truly accumulate? --- The asset ratio of SKY is a bit heavy, do you really favor this project? --- Since the wallet has been mentioned, it seems I need to pay more attention to on-chain data. --- Withdrawing this amount... It must hurt to trade and earn, haha. --- The holdings have been constantly changing. Is it risk control or gambling on something? --- With three types of assets being withdrawn together, it feels like building a portfolio basket. --- That institutional wallet transferred ETH to him 19 days ago... Is he still holding it now?

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PancakeFlippa

· 9h ago

Whales are dumping ETH again, and this time they also took out SKY as well—three-pronged attack... Could it be that some big V is about to dump the market again?

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