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X account @ai_9684xtpa stated that Patricio Worthalter transferred 10000 tokens to Gemini half an hour ago ETH, adding that since October 4 he has cumulatively transferred tokens worth 458...
10 days ago, suspected sell-off of 18000 tokens ETH，POAP The founder appears to lack confidence in the market outlook 🤨
Patricio Worthalter @worthalter after 3 days, again deposited into #Gemini 10000 tokens ETH（25050000 USD), and since 10.04 has cumulatively transferred tokens worth 45850000 USD, suspected to have been sold
Currently, 40,957 tokens ETH remain on-chain; wallet address https://t.co/BRDPaO0xeZ https://t.co/Wh0Z7w91yM
10 days ago, suspected sell-off of 18000 tokens ETH，POAP The founder appears to lack confidence in the market outlook 🤨
Patricio Worthalter @worthalter after 3 days, again deposited into #Gemini 10000 tokens ETH（25050000 USD), and since 10.04 has cumulatively transferred tokens worth 45850000 USD, suspected to have been sold
Currently, 40,957 tokens ETH remain on-chain; wallet address https://t.co/BRDPaO0xeZ https://t.co/Wh0Z7w91yM
The following is analysis, separate from reported facts. Verify important claims independently.
ETH: If the ETH transferred to Gemini is subsequently sold, it could increase short-term spot selling pressure; however, a transfer does not constitute a sale, and the scale is limited relative to the overall ETH market.
This is a single claim from an X post that a suspected associated address transferred ETH to an exchange; neither completion of the transfer, address ownership, nor whether an actual sale occurred has been independently confirmed on-chain or by the parties involved.
Subject of interest:ETH. Observation period: short term
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