Bullish

A whale transferred $18.5M worth of ETH from the exchange.

2026-08-10 00:02

On-chain data shows a whale transferred 9,628 ETH, worth approximately $18.5 million, from Bybit's hot wallet to an unknown address.

On-chain monitoring: 9,628.26 ETH (valuing 18.5M) was transferred from Bybit’s Hot Wallet (the exchange) to an unknown address of 0x47b8…e0a9. Sender address: 0xf89d7b9c864f589bbf53a82105107622b35eaa40; Receiver address: 0x47b869d84df9ee2a04dd546ae4c79d80508ae0a9.

WOOFUN AI

Impact Assessment · Quick Read

Large ETH withdrawals from exchanges often signal long-term holding or institutional accumulation, potentially reducing short-term selling pressure. This may boost market sentiment, though the true intent depends on subsequent address activity.
Generated by WOOFUN AI · For reference only, not investment advice

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