Whale Don Withdraw 16,872 ETH ($75M) From Kraken Since Yesterday
On-chain data show sey one whale don withdraw total of 16,872 ETH (≈$75 M) from Kraken since yesterday, after e don already withdraw 13,538.6 ETH since August 16. The address add 9,046.23 ETH for the past 17 hours at average price of $4,436. Fresh withdrawal of 3,333 ETH (≈$14.93 M) happen seven minutes ago at average price $4,444.76. Another new address con move over $60 M in ETH during the same time. Dis big ETH outflows go reduce Kraken sell-side liquidity and show strong accumulation demand, mean say di outlook for Ethereum trading dey bullish.
Bullish
Big ETH waka comot for Kraken reduce di sell-side liquidity and show say one whale and another big address dey gather strong. For short term, tight exchange liquidity fit support upward price pressure for ETH. For long term, continued whale accumulation dey show confidence for Ethereum prospects, e dey make market outlook bullish.