On-chain data reveals major traders moving substantial funds into Ethereum and Bitcoin, with multimillion-dollar profits and withdrawals within hours.
On-chain analyst Ai reported that a smart money address (0xFB7...e0A3) generated $99.22 million in ETH profits over the past 8 hours before reallocating into both Ethereum and Bitcoin. In recent transactions, 20,392 ETH worth $47.17 million were withdrawn at an average price of $2,313.35. The address also withdrew 750 cbBTC from Coinbase, valued at $55.99 million at an average price of $74,665.8. This reflects a total repositioning of approximately $85.99 million between ETH and BTC, highlighting rapid, high-value cross-asset movement.