ETH Whale Withdraws $81M from OKX in 24 Hours: Potential Long-Term Holding or Market Activity?

A whale withdrew $81 million in Ethereum from OKX in 24 hours, sparking speculation about potential long-term holding or market activity. Large-scale ETH withdrawals often signal strategic accumulation and can precede price rallies. The whale's move reflects strong confidence in Ethereum's long-term value, making it a key indicator of market sentiment. Traders and investors should keep an eye on similar movements across exchanges.

A significant Ethereum whale has withdrawn $81 million worth of ETH from OKX within a 24-hour period, according to on-chain data [1]. This move has sparked speculation about potential long-term holding or market activity, with large-scale ETH withdrawals often signaling strategic accumulation and potential price rallies.

The withdrawal, valued at around 17,836 ETH, was first flagged by Onchain Lens and later amplified by crypto media. Separate alerts also noted two more substantial withdrawals: 12,410 ETH (~$54.0M) and 7,260 ETH (~$31.6M), potentially tied to the same entity's accumulation [1]. This pattern suggests active accumulation and exchange outflows from OKX over the last day.

The move reflects strong confidence in Ethereum's long-term value, making it a key indicator of market sentiment. Traders and investors should keep an eye on similar movements across exchanges.

The timing of this withdrawal is notable, as Ethereum has been experiencing a correction after reaching new highs. However, on-chain data indicates that whale investors continue to accumulate Ether amid the ongoing market volatility [3]. This whale's move aligns with a broader trend of institutional investors betting on Ethereum to outshine Bitcoin in the near term [3].

Institutional investors have shown significant interest in Ethereum, with U.S. spot Ethereum ETFs recording the highest cash net inflows of about $455 million since August 15, 2025 [3]. This demand for spot Ether ETFs has outpaced that of spot Bitcoin ETFs in the recent past [3]. The ETH price has surged 2 percent during the past 24 hours, trading at about $4,640 on Wednesday [3].

Ethereum's long-term trajectory remains bullish despite short-term volatility, with large-scale accumulation serving as a counterweight to the current correction. If Ethereum manages to consolidate above support and push higher, it would confirm the continuation of the uptrend and validate the whale's confidence-driven buying [2].

References:
[1] https://www.quiknotes.in/whale-withdraws-81m-in-eth-from-okx-within-24-hours/
[2] https://bitcoinist.com/bitcoin-og-back-to-buying-ethereum-adds-108m-eth/
[3] https://coinpedia.org/price-analysis/spot-eth-etfs-records-455m-inflows-ethereum-price-up-2-today/