According to @OnchainLens, a whale withdrew 17,836 ETH valued at $80.4M from OKX within the past 4 hours, linked to address 0x0C629Ef4a444eC3F7656618EaBa947bAd4172C58, source: @OnchainLens on X, Aug 29, 2025. Traders can track this address for redeposits or further transfers to assess near-term exchange liquidity dynamics around ETH, source: @OnchainLens on X, Aug 29, 2025.

According to @EmberCN, a single address withdrew 17,836 ETH worth approximately $79.77 million from OKX over the past 4 hours at an average cost of $4,472, indicating a notable exchange outflow event (source: @EmberCN). According to Glassnode research, sustained exchange outflows reduce immediately available sell-side liquidity on centralized venues and have historically aligned with stronger spot market resilience for ETH during the outflow window (source: Glassnode). According to Nansen’s on-chain labeling guidance, such flows can sometimes be internal rebalancing without labeled ownership, so traders should confirm wallet attribution before drawing directional conclusions (source: Nansen). According to Kaiko market microstructure analyses, large spot withdrawals can coincide with tighter order book liquidity and wider spreads, which may amplify short-term volatility around key levels such as the reported $4,472 average (source: Kaiko).