Golden Finance reported that according to the monitoring of on-chain analyst @ai_9684xtpa, Grayscale suspected that it had commissioned Flow Traders to sell 5,812 ETH (worth $21.75 million) two hours ago, which may be the management fee of the Ethereum Trust Fund. Grayscale charges a 2.5% management fee for ETHE each year. Based on the current holding of 2.97 million ETH, it generates 74,000 ETH income (about $280 million) each year. From July 2023 to date, Grayscale has transferred 34,270 ETH to Flow Traders, worth $88.22 million; referring to previous operations, the transferred ETH will be recharged to various exchanges in batches in the next few days.