Yesterday, 145 million USDC was transferred to SharpLink Gaming, likely belonging to a certain institutional trading or OTC platform address. It should have purchased 41,000 ETH (approximately $158 million) for institutions or ETH reserve companies in the last day and a half.

This address transferred 133 million U into exchanges such as Binance, OKX, Kraken, Bybit, and Gate in the last day and a half, and then withdrew 41,000 ETH from the exchanges.

The funds for this address come from the address 0xC4D...611, which previously sold tokens to multiple large whales/institutions, including selling LDO to Paradigm Capital. It likely belongs to a certain institutional trading or OTC platform.

Address: 0xF436ADa6B8f4d235BA806f44B22Fa4ee115c9BC2