Address that bought 200K ETH at $80.97 sends 1,000 ETH to Kraken

An early accumulator with a sub-$100 cost basis moving ETH to an exchange is the kind of signal that matters less for its size than for its pattern: this address has already sold at $3,800 and $1,537 over three years, so the transfer fits a gradual distribution habit rather than a one-off. A 1,000 ETH deposit is small against a 200,000 ETH original position, which keeps the read muted, but exchange inflows from legacy holders are worth tracking because they can precede realized selling. Whether this is routine profit-taking or the start of a larger transfer is the open question.