#ETH Polychain Capital suspected to sell 7,000 ETH, total value of 24.18 million USD

4 hours ago, an address associated with Polychain Capital transferred 7,000 ETH to Coinbase exchange, with a total value of approximately 24.18 million USD, suspected to be preparing for sale. It is worth noting that last month, when the institution's associated address sold ETH, the average price per coin was around 3,423 USD, failing to sell at a high point.