PANews reported on July 10 that according to the monitoring of on-chain analyst @ai_9684xtpa, a new address withdrew 32,565.59 ETH from Kraken at an average price of $2,740, and increased its holdings by 7,171 ETH (worth $19.93 million) 2 minutes ago. Currently, the address has accumulated 54,125 ETH (total value of $149 million) today, with an average cost of $2,757. It is currently impossible to confirm whether the address belongs to an institution or a Kraken hot wallet.