Institutional Selling of ETH Observed

According to Lookonchain, two institutions are currently selling Ethereum (ETH). A wallet associated with Cumberland deposited 11,800 ETH, valued at $31.88 million, into Coinbase 7 hours ago. Additionally, ParaFi Capital withdrew 5,134 ETH, worth $13.83 million, from Lido and transferred it to Coinbase Prime 6 hours ago.
SourceLookonchain
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