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A noteworthy on-chain signal to watch — a well-known whale wallet just transferred 112,894 ETH to a major exchange, with a single transaction worth $332 million. This is no small move. According to on-chain data tracking, this whale currently holds a substantial long position: a portfolio comprising $749 million worth of BTC, ETH, and SOL. What's the logic behind this? Large investors like this usually don't move such significant assets without reason, often indicating that market participants are adjusting their strategies — possibly testing liquidity, managing position risks, or paving the way for bigger moves. Based on recent technical analysis of ETH and the ecosystem heat of SOL, such holdings also reflect institutional-level players' outlook on the development prospects of these main chains. Want to stay updated on the movements of on-chain whales? Monitoring these account changes can often give early hints of market trends.