TechFlow, July 13 — According to on-chain data analyst EmberC (@EmberC), a major Ethereum whale/institution has transferred another 26,000 ETH (approximately $74.11 million) to CEX exchanges over the past three days. This whale redeemed as much as 155,000 ETH from staking across three addresses and has moved a total of 146,000 ETH (around $371 million) to CEX exchanges since June 11, about one month ago.
Currently, only 8,919 ETH (approximately $26.21 million) remain in this whale’s addresses, and they are expected to be fully drained after just one or two more withdrawals. However, according to further findings by EmberC, this whale also controls another address that has redeemed 59,916 ETH (about $155 million) and transferred 25,000 ETH (approximately $63.37 million) to exchanges including HTX, Bybit, and OKX within the last six days.
