According to CoinMeta, and as monitored by on-chain analyst Yu Jin, a certain institution transferred 52,739 ETH (approximately $129 million) from yesterday to today to six different CEX addresses, including Binance and OKX. Currently, these addresses still hold 101,561 ETH (about $249 million). These ETH were acquired between 2021 and 2022 at an average price of around $1,700 from Coinbase, were staked on Ethereum in 2023, redeemed from staking last January, and have recently been gathered into two wallets before being transferred to multiple CEX addresses.