Wallet 0x36a4…42d3 breaks 58-day silence with $1.16M EIGEN deposit to an exchange
A wallet that has executed 54 prior large transfers reactivated after nearly two months, routing 6.58M EIGEN to a centralized venue, a pattern the detector flags as potential distribution.
After 58 days without a tracked large flow, wallet 0x36a4…42d3 moved $1.16M in EIGEN with a hot_to_cex direction. The detector conviction score of 73 reflects the combination of the dormancy gap, the asset size, and the exchange-bound path.
The wallet had previously been a frequent mover with 54 large transfers observed. The quiet period ending with a move onto a centralized exchange is the mechanical signal, not a prediction that it will continue, but a shift from inactivity to a bearish-reading action that warrants watching whether further EIGEN reaches the same destination.
Next event: Whether this wallet sends more EIGEN to a labelled venue or returns to inactivity.