A notable event occurred in the cryptocurrency market. Whale Alert, a professional on-chain data tracking service, recorded that around 10:19 AM Beijing Time today, 37,913 Ethereum (ETH) were transferred from an unknown wallet address to Coinbase. The value of this batch of Ethereum was approximately $130,067,423, demonstrating the scale of the transaction. This large-scale Ethereum transfer not only attracted significant market attention but also highlighted the substantial liquidity and potential risks within the cryptocurrency market once again. For a well-known trading platform like Coinbase, receiving such a large amount of cryptocurrency transfers undoubtedly brings new challenges and considerations to its operations and security measures.