On July 21, on-chain analyst Ai Yi (@ai_9684xtpa) reported that address 0xA70...37287 withdrew 17,675 ETH from a centralized exchange (CEX) three weeks ago at an average price of $1,617.
According to BlockBeats On-chain Detection, the address later made its first deposit of 3,000 ETH back to the CEX today at an average price of about $1,933.91.
The deposit suggests a potential profit of about $950,000 if sold at that level, and it may indicate the address is taking profits by reducing its position for the first time.
Address Withdraws 17,675 ETH From CEX and Re-Deposits 3,000 ETH for Possible Profit-Taking
2026-07-21 08:24:27
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