Wu said that according to on-chain analyst @ErgoBTC, a large amount of Ethereum (ETH) related to the Plustoken scam was transferred yesterday. About 15,700 ETH (worth $1.3 billion) was transferred from known addresses, of which more than 7,000 ETH were sent to exchange deposit addresses. This operation is similar to the mixed pattern of Bitcoin (BTC) in 2019 and 2020. @ErgoBTC believes that ETH worth $1.3 billion may be sold in full in the future.