According to TechFlow, according to Ember’s monitoring, on July 4, a whale/institution transferred the last batch of ETH ecosystem tokens (including LDO and AAVE) worth US$8.94 million to Binance two hours ago, which means that the whale/institution’s bet on the favorable market of Ethereum ETF ended with a loss of US$5 million.

After the ETH spot ETF's 19-4 filing was approved at the end of May, the whale/institution bought approximately $52.6 million of ETH ecosystem-related tokens (including LDO, UNI, AAVE, ENS, LINK, FXS, etc.).