According to @lookonchain, a newly created wallet withdrew 7,714 ZEC (about 4.12 million dollars) from Kraken roughly 10 hours ago, with the recipient shown on Arkham Intel as address t1XuMDRikwjCoJuHbT8azJ4rmvvfN4TZiVP, source: x.com/lookonchain/status/2005446570083529163 and intel.arkm.com/explorer/address/t1XuMDRikwjCoJuHbT8azJ4rmvvfN4TZiVP. Two newly created wallets also withdrew a combined 26,241 ZEC (about 13.5 million dollars) from Binance in the past 12 hours to addresses t1WuxQ3aaZHvNJzQLs8NHCMXzoC2pmuWxpF and t1KtX3hb63sCg2XxZZNA9HGyYP6deGNTHZy, source: x.com/lookonchain/status/2005083637767975183 and intel.arkm.com/explorer/address/t1WuxQ3aaZHvNJzQLs8NHCMXzoC2pmuWxpF and intel.arkm.com/explorer/address/t1KtX3hb63sCg2XxZZNA9HGyYP6deGNTHZy. That brings total reported ZEC outflows from these exchanges to 33,955 ZEC, approximately 17.62 million dollars based on the USD values reported by @lookonchain, source: x.com/lookonchain/status/2005446570083529163 and x.com/lookonchain/status/2005083637767975183. Traders monitor exchange inflow and outflow metrics to assess on-exchange supply and liquidity conditions when large withdrawals occur, source: academy.glassnode.com and blog.chainalysis.com.

According to @lookonchain, a new wallet 0x392a withdrew 10,050 ETH ($34.38M) from Kraken, with the movement visible on Arkham Intel explorer address 0x392a1E5cCfa7667d40EDC49aE9462739139701e2 (source: @lookonchain; source: Arkham Intel). According to @lookonchain, a new wallet 0xa235, which @lookonchain notes may be associated with Bitmine, purchased 24,007 ETH ($82.13M) via Galaxy Digital OTC about 6 hours ago, as reflected on Arkham Intel explorer address 0xa2356385Be00dE065bae513f18f2DDe4a3bDFF5c (source: @lookonchain; source: Arkham Intel). According to @lookonchain, the #66kETHBorrow whale accumulated 163,680 ETH ($582M) over the past two days, with transactions tracked on Arkham Intel explorer address 0x85e05C10dB73499fbDeCAb0dfbB794a446feEeC8 (source: @lookonchain; source: Arkham Intel). According to @lookonchain, these reported flows sum to 197,737 ETH (~$698.51M) during a market downturn, signaling sustained large-holder accumulation that traders monitor for supply dynamics and potential price impact in ETH (source: @lookonchain).