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Interesting move coming.
Tracking a related address, the other day it just deposited 1880 ETH into an exchange at a price of $3,117.65 each, suspected of dumping (of course, it could also just be transfers without any movement). Then 4 hours ago, this guy withdrew 2779.8 ETH from the exchange at a transaction price of $3,208.02, totaling $8.91 million.
Calculating? One in, one out, the cost actually increased by $90.
Is this a chase after the rise and getting trapped, or is there another plan? On-chain data doesn't lie, but the operational logic is really hard to understand. In the world of whales, it's better for ordinary people to guess less.