A new Ethereum address withdraws 1,200 ETH from Bybit, followed by a small deposit to Morpho, potentially signaling interest in decentralized finance activities.
An Ethereum address withdrew 1,200 ETH, valued at $4.93 million, from Bybit. Shortly after, it deposited 0.1 ETH to Morpho, suggesting potential staking or further involvement in DeFi. This move highlights the increasing whale activity in Ethereum and decentralized finance protocols.