Anonymous whale accumulates over $160M in ETH in five days

An anonymous whale address starting with 0x8E3 appears to have accumulated 80,219 ETH, worth $166.76 million, from Kraken over the past five days, Onchain Lens reported. The address withdrew 6,413 ETH ($13.42 million) from the exchange 10 hours ago and is holding the assets across multiple addresses. Withdrawals from exchanges are typically interpreted as a sign of intent to hold.