PANews reported on July 9 that according to monitoring by on-chain analyst Yu Jin, a whale/institution that spent 50.14 million USDT to buy 20,718 ETH at an average price of US$2,420 in January, purchased ETH again after half a year. Two hours ago, it withdrew 3,257.8 ETH (about US$10 million) from Binance at a price of US$3,069. The whale/institution currently holds a total of 42,800 ETH (worth about US$131.27 million).