On July 12, according to on-chain analyst Ai (@ai_9684xtpa), the address suspected to be that of staking and validation service provider Arthapala recharged 4,120 ETH to CEX again in the past hour, worth approximately $12,196,000.00.
Since 2025.06.11, the address has allegedly sold off 118,907 ETH, with a total value of up to $202,000,000.00, and an average recharge price of $2,546. [BlockBeats]