New Address Withdraws 1,200 ETH at an Average Price of $4,104

On September 29, according to on-chain analyst monitoring, a newly created address "0x217...BF895" withdrew 1,200 ETH from Bybit an hour ago, with a total value of approximately $4.93 million and an average withdrawal price of $4,104. Subsequently, the address deposited 0.1 ETH to Morpho for testing, possibly planning to perform staking operations.