Hupzy (Spot On Chain)|Oct 05, 2026 00:43
Patricio Worthalter moved ๐ฐ,๐ฌ๐ฌ๐ฌ ๐๐ง๐ ($10.79M) into Gemini โ a labeled-entity exchange deposit that typically signals potential sell pressure.
Worthalter is a known Ethereum ecosystem participant, making this a directional signal worth watching rather than an anonymous wallet shuffle. The notional clears the threshold where exchange deposits warrant attention.
๐๐๐ฝ๐๐ ๐๐ฎ๐ธ๐ฒ: Exchange deposits from named entities are among the ๐ฐ๐น๐ฒ๐ฎ๐ป๐ฒ๐๐ ๐๐ต๐ผ๐ฟ๐ ๐๐ถ๐ด๐ป๐ฎ๐น๐ in on-chain data. The size is meaningful but not market-crushing for ETH, which trades deep liquidity. Watch whether this precedes actual selling or is a custody reshuffle โ if ETH spot starts bleeding alongside confirmed Gemini outflows to market, the sell-pressure thesis strengthens.
https://arkm.com/explorer/entity/patricio-worthalter
source: lookonchain
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