A certain smart money is suspected of selling 38,582 ETH in the past week, which would have made a profit of $36.57 million.

Smart money, who previously profited $14.26 million by buying WBTC low and selling high, is suspected of selling 38,582 ETH ($138 million) over the past week, a profit of $36.57 million. This operation suggests the address belongs to an institution, which has withdrawn a total of 77,700 ETH ($202 million) from Kraken since the beginning of the year, at an average price of just $2,600. Currently, 25,054 ETH remains on-chain, mostly in Aave.