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A Company May Have Sold a Large Amount of This Altcoin – Onchain Data Shows

By admin On Jul 13, 2025

According to on-chain analysis, 4,120 ETH (approximately $12.2 million) was transferred to a centralized exchange (CEX) in the past hours from an address believed to be affiliated with staking and verification service provider Arthapala.

The address in question has sold a total of 118,907 ETH since June 11, 2025, with a total value of approximately $202 million. The average transfer price was recorded as $2,546.

Meanwhile, the Ethereum spot ETF market is also experiencing significant momentum. According to SoSoValue data, a total of $205 million in net inflows into Ethereum spot ETFs yesterday, marking the sixth consecutive day of net inflows into the funds.

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The ETF with the highest single net inflow of the day was BlackRock’s ETHA, with $137 million. ETHA’s total historical net inflow reached $6.29 billion.

The Grayscale Ethereum Mini Trust ETF (ETH) came in second. This fund saw net inflows of $25.5 million in a single day, bringing its total net inflow to $824 million.

*This is not investment advice.

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