A certain whale has begun to sell off ETH, transferring approximately $317.00 million worth of tokens to exchanges.

According to Lookonchain monitoring, a whale holding at least 155,837 $ETH (approximately $408.00 million) is selling ETH. Three wallets (possibly related to Arthapala) unstaked and withdrew 155,837 $ETH (approximately $408.00 million), and then began depositing $ETH into exchanges on June 10. Currently, approximately 120,918 $ETH (approximately $317.00 million) has been transferred to exchanges, and approximately 34,919 $ETH has not yet been transferred. [Foresight News]