On-chain monitoring data for Ethereum shows that a large holder address withdrew 12,000 ETH from a major exchange 40 minutes ago. At the time of withdrawal, the price was approximately $3,332 per ETH, with a single transfer amount close to $40 million.

More notably, this address currently holds a total of 80,980 ETH. Based on the current price, the entire position is worth about $2.69 billion — which is already a significant amount.

Large withdrawal actions often attract market attention. Whether for participating in DeFi, NFTs, or other ecosystem applications, or for other purposes, such on-chain movements reflect the real-time judgment of major players in the market. How this address's subsequent actions develop may provide us with some insights.