Massive movement: Over 2.1K ETH transferred on New Year's Eve

A significant Ethereum transfer has just been recorded on the blockchain. According to Arkham’s analysis, on the night of December 24, 2025 (19:09 UTC), 2,186.48 ETH were moved from an anonymous address (0x3202…) to an exchange platform.

The numbers behind the movement

With ETH trading around $2.92K in the current market, this transaction represented an approximate volume of $6.4 million. A considerable figure that reflects institutional activity during this pre-holiday period.

What does this movement tell us?

The timing of the event is particularly interesting. Just days before the New Year and at a time when markets tend to experience volatility, the transfer of such a large amount of ETH suggests strategic moves by major holders. These transfers to trading platforms often anticipate potential position adjustments or portfolio rebalancing before key crypto calendar events.

On-chain analysis continues to be a vital tool for understanding the intentions of whales and large investors in the Ethereum ecosystem.