According to @lookonchain, another newly created wallet withdrew 17,591 ETH ($81.62M) from Kraken in the past 2 hours, with the on-chain address reference shared via Arkham Intelligence in the post, source: Lookonchain on X; Arkham Intelligence. Over the last 3 days, two newly created wallets cumulatively withdrew 71,025 ETH ($330M) from Kraken, source: Lookonchain on X. The implied transfer prices from the reported figures are approximately $4,642 per ETH for the latest withdrawal and $4,646 per ETH for the 3-day total, derived from the USD amounts provided, source: Lookonchain on X. Sustained exchange outflows have historically aligned with net accumulation regimes and shrinking exchange balances that traders monitor for potential liquidity tightening in ETH markets, source: Glassnode research; CryptoQuant analytics.

According to @lookonchain, fresh wallet 0x2A92 bought another 30,069 ETH worth about $138.46M during the market drop, based on on-chain transaction tracing, source: @lookonchain. According to @lookonchain, over the past two days the same wallet withdrew a cumulative 53,434 ETH (about $242.34M) from Kraken, reflecting a large exchange outflow to self-custody, source: @lookonchain.

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.