Do you still remember that ETH flash crash on October 11? That mysterious address has moved again.

This guy is still holding 70,000 ETH, with an initial entry cost around 3,068. That adds up to an unrealized gain of $210 million. Now, with the market being so sensitive, he suddenly made a move—did he catch wind of something?

Some people say this is a bottoming signal—after all, he’s a whale, definitely more in the know than retail investors. But others think it’s a bull trap—deliberately creating a bottoming atmosphere while actually preparing to sell at the top.

Honestly, whenever an address of this size moves, it stirs up market sentiment. The key thing is, after his last operation, ETH did indeed pump for a while. Will he repeat the same playbook this time? Or is he going to do the opposite?

What do you all think? Are you following or not?