PANews reported on December 28 that, according to on-chain analyst Ai Yi, the whale had accumulated 38,415.18 ETH since December 5, worth about $119 million. A whale withdrew 3,997 ETH (approximately $11.76 million) from OKX about 30 minutes earlier. Three days later, the whale withdrew another 3,997 ETH from OKX, worth approximately $11.76 million.

The ongoing activity highlights substantial on-chain movement involving a single large holder and multiple withdrawals from an exchange. It underscores the scale of whale activity in recent weeks.

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