According to PANews' 15th of July report, according to on-chain analyst Yu Jin, an address transferred approximately 1.2 million ETH (valued at approximately 40.17 million dollars) to Kraken exchange 30 minutes ago. These ETH were withdrawn from Kraken on June 4th at a price of $3759 each. ETH rebounded by 17% from its lowest level in the last week, but if sold now, this address will still incur a loss of $4.95 million, approximately 11%.

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