According to @EmberCN, a wallet address suspected to belong to HashKey Capital transferred 12,000 ETH, valued at approximately $47.18 million, to the OKX exchange within the last hour. Such large inflows to centralized exchanges often signal potential upcoming sales, which could increase market liquidity and potentially impact the price of Ethereum (ETH). Traders should closely monitor ETH price movements and order book depth on OKX for signs of increased volatility following this transaction. Source: @EmberCN.

According to Ai 姨 (@ai_9684xtpa) on Twitter, a well-known ETH ICO whale recently transferred 994.8 ETH, valued at $2.51 million, to OKX six hours ago, with a reported acquisition cost of just $0.31 per ETH. Since May 26, this whale has cumulatively deposited and likely sold 8,854.29 ETH, worth approximately $22.72 million, at an average transfer price of $2,566 per ETH (source: twitter.com/ai_9684xtpa/status/1931544864510169325). Such significant whale movements are typically associated with increased price volatility and could create short-term downward pressure on Ethereum prices, prompting traders to closely monitor on-chain flows for further large-scale transfers.