According to BlockBeats, on July 11, according to Lookonchain monitoring, the address of Elwood Technologies, a cryptocurrency trading execution and risk management platform owned by billionaire hedge fund manager Alan Howard, deposited a total of 26,811 ETH to Binance in the past three days.

Another Elwood-related address deposited 24,463 ETH to Binance in the past two days. The two deposited a total of $159 million worth of ETH.