PANews reported on July 13 that according to on-chain analyst Yu Jin’s monitoring, a whale/institution has transferred 26,000 ETH (US$74.11 million) to CEX in the past three days. Previously, the address redeemed up to 155,000 ETH from staking through three addresses, and then transferred 146,000 ETH (US$371 million) to CEX in the past month since June 11. However, their sale is almost over: now there are only 8,919 ETH (US$26.21 million) in their address, and it is expected that one or two more transfers will basically complete the liquidation.