A POAP founder has deposited 𝟭𝟴,𝟬𝟬𝟬 𝗘𝗧𝗛 ($45.9M) into Gemini over 9 days, with the latest tranche of 10,000 ETH ($25M) sent just hours ago. The wallet still holds 41,468 ETH ($103.7M). 𝗛𝘂𝗽𝘇𝘆 𝘁𝗮𝗸𝗲: Sustained multi-tranche exchange deposits from a named founder is 𝘀𝘁𝗿𝘂𝗰𝘁𝘂𝗿𝗮𝗹 𝘀𝗲𝗹𝗹 𝗽𝗿𝗲𝘀𝘀𝘂𝗿𝗲, not a one-off rebalance. With $103.7M in ETH still held, the remaining position caps the pace of liquidation but signals continued distribution intent. ETH faces near-term bearish flow from this wallet — watch the remaining balance for further selling or a shift to accumulation. Track on Arkham: https://arkm.com/explorer/entity/patricio-worthalter source: EmberCN Track real-time signals & trade → https://hupzy.com/trending?utm_source=x&utm_medium=social&utm_campaign=agent_x_post&utm_content=2968