Cryptocurrency service provider Arthapala has sparked market speculation after depositing 3,610 ETH, worth approximately $9.49 million, into the Bybit and OKX exchanges. On-chain analysis by ai_9684xtpa identified the address, presumed to be linked to Arthapala, initiating the transfer. This latest transaction is part of a larger trend, with the address having deposited a total of 63,689 ETH (approximately $164 million) into exchanges since July. Such movements are often interpreted as a potential intent to sell, placing downward pressure on Ethereum's price. However, it's crucial to note that deposits don't always equate to immediate selling. Arthapala could be rebalancing its portfolio, providing liquidity, or engaging in other strategic activities. The ultimate impact on the ETH market remains to be seen, and investors should monitor price action closely. ```

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