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A certain borrowing coin whale suspected of "shorting ETH" has just withdrawn 110,000 ETH from the CEX.
On November 4th, according to Yu Jin monitoring, a Whale/institution that shorted 66,000 ETH for a profit of 23.31 million USD may be switching from short to long to buy the dip on ETH. An hour and a half ago, he transferred 91.2 million USDC into CEX and just withdrew 110,000 ETH (3.86 billion USD ) from CEX. Adding to the 64,000 ETH he repaid from the short position, he has withdrawn a total of 174,144 ETH (6.21 billion USD ) from CEX in the last day.