9,006 ETH Withdrawn from Kraken — Monitor Exchange Outflow
I noticed a new address withdrew 9,006 ETH from Kraken today. That’s a material exchange outflow and worth monitoring for its potential impact on available sell-side liquidity.
The move could indicate a buyer taking custody off-exchange or a large holder reallocating funds; it’s ambiguous without on-chain follow-up (destination wallet type, staking, OTC activity).
I’ll watch subsequent on-chain flows and price reaction before changing my view — a sustained pattern of withdrawals would be mildly bullish, while quick redeposits would negate the signal.
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