
An on-chain analyst tracks a large Ethereum withdrawal of 4,900 ETH from OKX at $1,978 each, following a substantial deposit two days earlier likely intended for sale.
On-chain monitoring reveals that a crypto whale withdrew 4,900 ETH, valued at about $9.71 million, from the OKX exchange at an average price of $1,978.82 per token. The wallet currently holds an unrealized profit of around $457,000. The same address had previously deposited 14,428 ETH worth $29.4 million at $2,037.43 per ETH, likely in preparation for a sale. This movement suggests active management of a significant Ethereum position via exchange transfers.