According to @EmberCN, whale/institution address 0xD47...3c0 withdrew 10,076 ETH, about 40.38 million dollars, from Kraken 6 hours ago after roughly a half‑month pause. Source: @EmberCN on X; Arkham Intel explorer intel.arkm.com/explorer/address. The same address has accumulated 49,928 ETH since July 19 with an average entry price of 3,720 dollars per ETH, totaling about 200 million dollars. Source: @EmberCN on X; Arkham Intel explorer intel.arkm.com/explorer/address. The latest withdrawal equals approximately 20.2 percent of the address’s cumulative accumulation since July 19, and the reported dollar value implies an execution price near 4,008 dollars for the latest batch. Source: calculation based on figures reported by @EmberCN. On-chain analytics commonly interpret sustained exchange outflows as accumulation and a reduction in immediate sell-side liquidity. Source: Glassnode Academy Exchange Flows guide at academy.glassnode.com. The address can be monitored in real time via Arkham Intel to track subsequent movements. Source: Arkham Intel explorer intel.arkm.com/explorer/address.