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A major whale transferred approximately $63.37 million worth of ETH to CEXs in the past six days

A major whale transferred approximately $63.37 million worth of ETH to CEXs in the past six days

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星球日报星球日报2025/07/09 04:18

Odaily Planet Daily News: According to monitoring by crypto analyst Ember (@EmberCN), a certain whale/institution appears to be using the staking service platform Arthapala for ETH staking, and has been continuously transferring redeemed ETH to exchanges through multiple related addresses since June 11. The latest identified address shows that it has redeemed 59,916 ETH (approximately $155 million), with 25,000 ETH (about $63.37 million) transferred to a certain exchange and other CEXs within the past six days.
Based on previous data, this whale/institution has redeemed a total of about 155,000 ETH and has cumulatively transferred as much as 120,000 ETH (worth approximately $297 million) to CEXs over the past month.

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