According to Onchain Lens, a newly created wallet withdrew 5,798 ETH worth $17.24 million from Kraken and transferred it to another wallet, with the reported source and destination addresses 0xf303793601F48b70fC85F226CA2e8B9eAeA9Cca1 and 0x1e300045FF0b89cC0330A4FA45e08abc773aE8EE, reported on Jan 1, 2026, source: Onchain Lens. Based on the stated amounts, the implied transfer value is approximately $2,973 per ETH, which can help benchmark execution versus spot at the alert time, source: Onchain Lens. This confirms a net exchange outflow of 5,798 ETH from Kraken to an external address that traders can monitor for any follow-on on-chain activity, source: Onchain Lens.

According to @OnchainLens, a dormant staker at 0xA75ce5679706c4706382E09bD70Bf8fA7228f8a2 withdrew 3,820 ETH ($14.71M) from Binance after roughly one year of inactivity, while 0x882E747C5C2E0366d4Fd6F9F95780467C6549732 deposited 5,820 ETH ($22.41M) to Binance. Based on figures reported by @OnchainLens, this results in a net exchange inflow of 2,000 ETH (about $7.70M) to Binance over the observed window. Per Glassnode Academy, exchange inflows increase the tradable supply on centralized venues and are commonly tracked to assess near-term liquidity conditions. Per CryptoQuant’s exchange flow analytics methodology, traders can monitor ETH order books and derivatives metrics around these timestamps to gauge any flow-through impact on market liquidity.