According to @EmberCN, a whale or institution has withdrawn 5,100 ETH (about $22.02M) from OKX 45 minutes before the post on September 3, 2025 (source: @EmberCN). According to @EmberCN, the same entity has cumulatively withdrawn 42,682 ETH (about $188M) from OKX across three addresses over five days since August 29, with an average price of $4,403 (source: @EmberCN). According to @EmberCN, the reported activity is consolidated under a single whale/institutional entity conducting large ETH exchange outflows from OKX, which traders track for whale accumulation and exchange netflow monitoring (source: @EmberCN).

According to @KookCapitalLLC, 826,000 ETH is currently in Ethereum's unstaking queue, indicating a sizable backlog of pending validator exits, source: @KookCapitalLLC. Ethereum processes validator exits under a protocol churn limit that restricts how many validators can withdraw per epoch, meaning large queues are cleared progressively over multiple days rather than instantly, source: Ethereum.org. Longer exit queues can extend redemption times for liquid staking tokens and staking providers, impacting LST liquidity profiles and withdrawal wait times, source: Lido Docs. On-chain market participants track staking inflows and outflows as inputs for near-term ETH supply dynamics and liquidity monitoring, source: Glassnode.

According to The Data Nerd, there have been significant Ethereum withdrawals from exchanges totaling 12,624 ETH, approximately valued at $33.12 million, within a 24-hour period. Notable withdrawals include 3,235 ETH (~$8.82M) by address 0x11d, and 2,500 ETH by address 0x562, which may be associated with Berachain. These large withdrawals could indicate a shift towards long-term holding or utilization in decentralized finance, impacting ETH liquidity on exchanges.