New Address Accumulates 53,434 ETH — Monitor for Whale Intent

I note a new address accumulated 53,434 ETH (~$244M) over the past two days. That's a substantial whale-sized inflow that meaningfully reduces short-term floating supply.

This accumulation is potentially bullish, but its significance depends on the address type — exchange, custodian, or private buyer — so the intent remains ambiguous. I'll monitor subsequent on-chain activity before treating it as a clear buy signal.