A 293-day-old wallet delivers $66.40M ETH to Coinbase while exchange inflows run 2.5x outflows

The single largest on-chain move in hours lands on Coinbase from a wallet with prior exchange routes, aligning with a distinctly inflow-heavy 24-hour ETH market backdrop.

The trigger transaction sent $66.40M ETH directly to Coinbase. Separately, the counterparty wallet 0x1a33…ea88 has a 293-day history and recent outgoing activity that reached exchange wallets in one hop, though that routing context is not tied to these specific funds.

The broader asset flow over the last 24 hours shows $547.98M entering exchanges against $219.30M leaving across 5,285 transfers, meaning the venue move arrives when ETH is already seeing a net inflow bias.

This convergence of a large deposit and an established inflow trend suggests distribution-phase conditions, not accumulation.