According to monitoring by @ai\_9684xtpa, five new addresses withdrew 29,598 ETH from Coinbase 8 hours ago, valued at $68.94 million. The receiving addresses have not yet transferred or sold any funds, with an average withdrawal price of $2,329 per ETH. It remains unclear whether this represents whale accumulation, institutional position building, or organization of hot wallet funds.

ETH-6.1%
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