According to ChainCatcher, according to the monitoring of on-chain analyst Yu Jin, a whale/institution that bought ETH and ETH ecosystem-related tokens after the 19-4 document of the ETH spot ETF was approved at the end of May, transferred a variety of ETH ecosystem tokens worth $11.57 million to Binance for sale in the past hour, causing these tokens to fall to varying degrees, including:

3.514 million LDO (6.23 million US dollars);

49,700 AAVE (4.49 million US dollars);

319,800 FXS (850,000 US dollars).

Now all these ETH ecosystem tokens are sold at a loss, and none of them are profitable.