Fenbushi Capital allegedly unlocks and releases 7,798 ETH into mainstream exchanges

2026-01-19 10:10:13

【Blockchain Rhythms】On-chain data tracking shows that a wallet address associated with Fenbushi Capital, after holding ETH staking for about two years, recently transferred 7,798 ETH to a major exchange, worth approximately $25 million. This large transaction has attracted market attention—after all, shifting from long-term staking to exchange inflows often indicates a significant change in holding strategy. For investors monitoring institutional fund movements, such whale-level withdrawal behavior is usually worth noting, as it may reflect a new judgment by institutions on the market rhythm.

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FloorPriceWatcher

· 2h ago

25 million USD invested in the exchange, is this to unload or to bottom fish?

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BlockchainDecoder

· 2h ago

Two years of staking suddenly解除, the underlying logic is worth pondering Institutions wouldn't move such a large sum of money without reason. From a technical perspective, the解除 of staking itself is a signal—either they have a new judgment about the future market or there has been a change on the capital side. Research shows that large inflows into exchanges often correspond to two scenarios: reducing positions or timing the market. An amount of 25 million USD is unlikely to be an arbitrary operation. The key is timing—why now? The market is still volatile. It is worth noting that Fenbushi, as an established institution, holding positions for two years itself indicates they are not the type to chase hot trends. Their current actions seem somewhat deliberate—perhaps preparing for a certain market event. We need to track this kind of data and observe the inflow and outflow trends of exchanges in the coming days.

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0xDreamChaser