PANews reported on July 15 that according to on-chain analyst Ember's monitoring, an address transferred nearly 12,000 ETH (worth about $40.17 million) to the Kraken exchange 30 minutes ago. These ETH were withdrawn from Kraken at $3,759 per ETH on June 4. Although ETH has rebounded 17% from its lowest point in the past week, if it is sold now, the address will still generate a loss of $4.95 million, about 11%.