Whale Moves 10,000+ ETH to CEX; Watch for Sell Pressure vs. Long-Term Stake

I note a whale moved over 10,000 ETH to a centralized exchange and staked it for 1.5 years after realizing roughly $20.68 million in profit. That combination—CEX inflow plus long-term staking—is ambiguous: it raises both the possibility of future selling and a sign of longer-term conviction.

Given the size, this transfer increases available liquidity on exchanges and merits monitoring order books and net flows rather than immediate action. The realized profit likely reflects prior rebalancing rather than a clear directional intent today.

I will watch exchange inflows and price reaction closely and refrain from initiating large long positions until flows clarify whether this becomes selling pressure or a long-term lock-up.