PANews reported on November 6 that, according to on-chain analyst Ember, four hours ago, an unknown group sold 7,066 ETH for 23.945 million DAI on-chain, with an average selling price of $3,389.

This group appears to have taken precautions to avoid detection. Two days ago, they used dozens of wallets to withdraw ETH from the Bitget and HTX exchanges in multiple small transfers, approximately 150 ETH (US$490,000) per transaction. After being transferred, the funds were consolidated into five wallets for sale.