According to Odaily, a new whale address has reportedly withdrawn 36,000 Ether (ETH) from Coinabase. The value of the withdrawn cryptocurrency is estimated to be around 127 million USD.

The transaction was monitored and reported by 0xScopescan. The identity of the new whale address remains unknown. The withdrawal of such a large amount of ETH from Coinabase is noteworthy, as it indicates a significant movement in the cryptocurrency market.

Further details about the transaction or the new whale address have not been disclosed. The impact of this withdrawal on the overall ETH market is yet to be determined.