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Time Details
2025-07-12
07:51
Ethereum (ETH) Under Pressure: Suspected Staking Firm Arthapala Deposits Another 4,120 ETH Worth $12M to Exchanges

According to @ai_9684xtpa, an address suspected to belong to the staking and validation service provider Arthapala is continuing to exert selling pressure on Ethereum (ETH). In the past hour, this address deposited another 4,120 ETH, valued at approximately $12.196 million, into an exchange. This activity is part of a larger trend observed since June 11, 2025, with the address having allegedly moved a total of 118,907 ETH, worth $202 million, for potential selling. The average price of these deposits was noted at $2,546. For traders, these significant and repeated transfers to exchanges signal strong selling intent, which could lead to increased price volatility and downward pressure on ETH.

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