A whale/institution has transferred 81,000 ETH to CEX in the past three weeks

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On July 4th, according to blockchain data analyst Yu Jin's monitoring, a certain whale/institution has again transferred a cumulative 13,000 ETH (approximately $32.51 million) to CEX over the past 2 days.

Over the recent 3 weeks, they have cumulatively transferred 81,182 ETH (approximately $198 million) to CEX, with an average price of around $2,443. Currently, their remaining ETH holdings are only 14,131 (approximately $36.68 million), and it is expected that they will transfer all of these to CEX within the next three to four days.

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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