Recently, the actions of an early Ethereum participant have attracted widespread attention in the crypto world. This investor withdrew 13,600 Ether from a centralized exchange after two years of silence, which is approximately equivalent to 47 million USD at the current market price. It is reported that the investor currently holds 59,718 Ether, with a total value of about 210 million USD.

This move is interpreted by the market as the investor's optimism about the future trend of Ethereum. It is worth noting that this is not an isolated event. Another whale also withdrew 2,850 Ether during the same period, seemingly indicating that large funds are rearranging their positions.

At the same time, the staking withdrawal queue on the Ethereum network has decreased to 527,000 Ether, indicating that funds are flowing back into the market. These signs all show that, despite the overall market performance being mixed, bullish momentum is gradually building.

Market analysts point out that if the Federal Reserve cuts interest rates as expected in September, the price of Ethereum is expected to break through the $3800 mark. They advise investors to closely follow the movements of these major players, as their actions often indicate significant changes in the market. However, experts also remind investors to remain rational and not to blindly chase after rising prices.

Overall, the activities of these large holders have injected new vitality into the market, but investors still need to carefully assess risks and make informed investment decisions.