PANews reported on July 3 that according to Lookonchain monitoring, Abraxas Capital withdrew 48,823 ETH (worth US$126 million) from Binance and Kraken in the past 24 hours.

Wallets suspected to be associated with Matrixport withdrew 40,734 ETH (worth $104 million) from Binance and OKX in the past 24 hours, and several related transactions have been reported previously.