High-net-worth investors and major liquidity providers have been withdrawing large amounts of Ethereum from centralized exchanges over the past few days. These moves highlight a stark divergence between the digital asset’s stagnant price action and its underlying network growth. Ethereum Whales Keep Accumulating as Price Action Fails to Follow The most significant accumulation stems from an unidentified entity, tracked by EyeOnChain under the wallet prefix “0x8E34. ” Since March 11, this wallet has systematically withdrawn 80,157 ETH from exchanges