According to @lookonchain, a newly created wallet 0x86Ed withdrew 8,491 ETH worth about $32.47M from OKX over the last 3 hours, reported on Oct 23, 2025, source: @lookonchain. The address 0x86Ed62d90bBd97BFabc1Eb74cF1a643081FBCd25 is visible on Arkham Intelligence’s explorer for verification, source: Arkham Intelligence. @lookonchain characterizes this as continued whale buying of ETH, source: @lookonchain. For traders, the immediate on-chain signal is a net exchange outflow of 8,491 ETH from OKX, reducing exchange-held supply by that amount as reported, source: @lookonchain.