According to BlockBeats, on October 10, according to a tweet from on-chain analyst @ErgoBTC, a large amount of 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, and @ErgoBTC believes that $1.3 billion worth of ETH may be sold in the future.