According to PANews, an institution purchased 40,000 Ethereum (ETH) at an average over-the-counter price of $3,167 two months ago. However, 10 hours ago, the institution transferred 22,200 ETH (about $54.14 million) to the new address 0x7B8…9290a.

Currently, the two addresses still hold 27,927 ETH, with a total value of approximately US$68.02 million, and a floating loss of approximately US$20.41 million.