Data: A newly created address withdrew 8,686 ETH worth $24.41 million from an exchange

According to ChainCatcher, a new address 0x85E...A8408 has withdrawn 8,686 ETH from a certain exchange in the past 8 hours, worth 24.41 million US dollars, with an average withdrawal price of 2,811 US dollars. Analysts say it is currently unclear whether this action represents a new address building a position or the movement of funds within an exchange's hot wallet.