ChainCatcher report: According to on-chain analyst Yujin, the entity transferred an additional 39,500 ETH—valued at $95 million—to multiple CEXs over the past 24 hours. Over the past four days since August 30, the entity has cumulatively transferred 142,800 ETH—valued at $345 million—to multiple CEXs, at an average price of approximately $2,420. The entity’s address currently holds 29,735 ETH, valued at $70.9 million.
Institution transfers 142,800 ETH, worth $345M, to multiple CEXs over 4 days
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Summary
A large institution moved 39,500 ETH, valued at $95 million, to multiple centralized exchanges within the past 24 hours. Since August 30, the entity has transferred 142,800 ETH, totaling $345 million, at an average ETH price of $2,420. The address still holds 29,735 ETH, worth $70.9 million. On-chain analysis reveals increased activity, with transfers distributed across several major exchanges. The movement signals a strategic realignment ahead of potential market volatility.
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