According to Deep Tide TechFlow news, on July 13, on-chain data analyst Ember (@EmberC) reported that Ethereum whales/institutions have transferred 26,000 ETH (approximately 74.11 million USD) to CEX exchanges over the past 3 days. This whale redeemed up to 155,000 ETH from staking through 3 addresses, and has transferred a total of 146,000 ETH (approximately 371 million USD) to CEX exchanges over the past month since June 11.

Currently, there are only 8,919 ETH (approximately 26.21 million USD) remaining in this whale's address, and it is expected to be emptied after one or two more transfers. However, according to the subsequent findings by Ember, this whale also owns another address that has redeemed 59,916 ETH (approximately 155 million USD) and has transferred 25,000 ETH (approximately 63.37 million USD) to exchanges including HTX, Bybit, and OKX in the last 6 days.