PANews reported on July 23 that according to Ai Yi’s monitoring, the number of Ethereum to be withdrawn from staking has reached 620,000, and the net redemption volume is about 271,000. On-chain data shows that in the past week, two HTX-related wallets have redeemed a total of 110,000 ETH, worth more than $400 million. In addition, some institutions including Abraxas Capital Mgmt have also carried out large-scale redemption operations, with a single redemption volume of more than 10,000.