Odaily Planet Daily News According to crypto analyst Yu Jin @EmberCN monitoring, a certain whale/institution is suspected of using the staking service platform Arthapala for ETH staking, and since June 11, has been continuously transferring redeemed ETH to exchanges through multiple associated addresses. The latest discovered address shows that it has redeemed 59,916 ETH (approximately 155 million USD), of which nearly 25,000 ETH (approximately 63.37 million USD) has been transferred to CEX such as HTX, Bybit, OKX in the past 6 days. Based on previous data, the whale/institution has redeemed a total of approximately 155,000 ETH, and has transferred as much as 120,000 ETH to CEX in the past month, valued at approximately 297 million USD.
A certain whale transferred approximately 63.37 million USD in ETH to CEX in the past 6 days
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