GSR's Significant Withdrawal and Holdings in NEIROETH

According to OnchainDataNerd, GSR has recently withdrawn 33.73 million NEIROETH, equivalent to approximately $2.96 million, from the Bybit exchange. Presently, GSR holds a total of 74.13 million NEIROETH, which is valued at about $6.3 million. This amount constitutes approximately 7.4% of the total supply of NEIROETH. Such a substantial holding by a single entity could have significant implications for the liquidity and price dynamics of NEIROETH in the market.