VanEck transfers a large amount of ETH

19 hours ago, #VanEck transferred 4.64k $ETH ($17.66M) to a fresh wallet.

Within just two months, VanEck has continuously conducted transactions transferring large amounts of $ETH to fresh wallets. Subsequently, all this $ETH was further staked through Abyss Finance.

Most of the ETH that VanEck transferred was received from Flow Traders, one of the Market Makers specializing in accumulating stocks for Wall Street ETF funds.

As of now, the total volume of ETH that they have staked through a third party amounts to 32.4k $ETH, equivalent to $115M.