Arthur Hayes sells 2,364 ETH via Cumberland and Galaxy Digital for 4.305M USDC at $1,916 average buy price, booking $220k loss as ETH holds $1865.

According to @EmberCN, an address that previously sent $145 million USDC to SharpLink Gaming recently withdrew 41,000 ETH (approximately $158 million) from major exchanges including Binance, OKX, Kraken, Bybit, and Gate. Seven hours ago, 38,606 ETH (around $148 million) was transferred to SharpLink Gaming's address, indicating substantial OTC accumulation activity. This large-scale ETH movement may signal increased institutional participation, potentially impacting Ethereum's (ETH) liquidity and short-term price volatility as noted by on-chain analysis. Source: @EmberCN.