According to Ai 姨 (@ai_9684xtpa), a major Ethereum whale—known for participating in the ETH ICO with an initial holding of 1 million ETH—transferred 996 ETH (approximately $2.45 million) to OKX two hours ago. Since the end of May, this whale has reportedly sold 6,863 ETH (about $17.73 million), reducing their current holdings to 46,756 ETH, valued at $115 million. With an original cost basis of just $0.31 per ETH, any substantial movement from this whale is closely watched by traders for potential market impact. The recent deposit signals possible further selling pressure on ETH, which may influence short-term price action and liquidity on exchanges like OKX. (Source: @ai_9684xtpa via Twitter, intel.arkm.com)

According to Ai 姨 (@ai_9684xtpa), a major Ethereum ICO whale has transferred 956.7 ETH, valued at $2.53 million, to OKX just seven hours ago, following a previous receipt of 24,000 ETH three days earlier. The whale still holds 51,663 ETH worth approximately $140 million, with a remarkably low entry cost of $0.31 per ETH (Source: Twitter, Ai 姨). Such sizable deposits to exchanges historically signal potential sell-offs, which could create short-term downward price pressure for ETH. Traders should closely monitor this address for further large transfers as continued sell activity may increase market volatility and impact spot and derivatives trading strategies.