Whale withdraws $21.9M in ETH from Bybit

An anonymous whale address starting with 0x0a8 just withdrew 9,288 ETH, worth $21.94 million, from Bybit, Onchain Lens reported via X. Withdrawals from exchanges are typically interpreted as a sign of intent to hold. The address now holds a total of 27,098 ETH, valued at $64 million.