The sale of ETH by the giant whale/institution has not ended😭

Because a new address has been discovered.

This address has also been transferring ETH to CEXes like HTX, Bybit, and OKX in batches after redeeming ETH.

Currently, this address has redeemed 59,916 ETH ($155 million), and in the last 6 days, it has transferred 25,000 ETH ($63.37 million) to CEX.

This means that this giant whale/institution has redeemed as much as 155,000 ETH from staking, and over the past month since June 11, it has transferred 120,000 ETH ($297 million) to CEX.

Additionally, this giant whale/institution is likely using a specialized staking service platform @Arthapala_vc for ETH staking: because the addresses they used to redeem ETH intersect with those belonging to arthapala.