Ethereum Whale Builds Long-Term Position, Withdrawing $31.9 Million for Future Growth

A major Ethereum whale has recently withdrawn a significant amount of ETH – 10,000 coins worth over $31.9 million – from Bitget exchange. The move signals a long-term investment strategy in the cryptocurrency. This withdrawal indicates that the whale is committed to holding their Ethereum for the foreseeable future. Despite recent price fluctuations in the market, the transfer from Bitget to a self-custody wallet demonstrates a firm belief in Ethereum’s long-term value.