GSR transferred 4400 ETH to DBS Bank within two days, attracting attention from institutions due to the large-scale action.

2025-12-23 09:34:12

[On-chain Data] Interestingly, on-chain data tracking shows that the market maker GSR has been frequently dumping large amounts of ETH recently. In just the past 48 hours, 4400 Ethereum have flowed to DBS Bank, equivalent to approximately 13.2 million USD. Just yesterday, GSR transferred 2000 ETH to DBS Bank, worth about 5.93 million USD.

Transfers of this level often reflect market participants' adjustments to liquidity management. ETH, as the second largest crypto asset, flowing in large amounts to traditional financial institutions' accounts usually indicates that institutions may be rebalancing, managing risks, or positioning for subsequent trades. For traders who focus on whale movements, such data changes are worth closely monitoring.

ETH1,65%

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GamefiEscapeArtist

· 12-26 08:59

Damn, is GSR about to run or just doing a shakeout? Throwing over 4,000 ETH directly into traditional finance—this move is really a bit sneaky.

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SandwichTrader

· 12-23 10:03

Hmm? Is GSR trying to rug pull with this operation or are they really adjusting their positions? I don't quite understand.

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ReverseTradingGuru

· 12-23 09:56

Dude, GSR's move this time is quite interesting, pouring so much ETH into traditional financial institutions... Wait, isn't this a Reverse Indicator? The more eager institutions are to transfer to banks, the more I want to buy the dip.

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