Twelve fresh wallets just jointly withdrew 156,733 ETH ($574M) from Coinbase at $3,664 on average:

• address 1: 0x7dcf2e83e87cb6fd237198ae6327698ee738bbfb withdrew 13,059 ETH ($47.9M)

• address 2: 0x1a35659041b445c6a720a306ac66e1d0b44534b6 withdrew 13,059 ETH ($47.9M)
• address 3: 0x2b502053627800ae81e7de2abf4b026a43d3659c withdrew 13,059 ETH ($47.8M)
• address 4: 0x586a065b181b2df24cc762c6bbe75214bca643ab withdrew 13,059 ETH ($47.9M)
• address 5: 0x6fd8509c88738620703f5648dfe4267c4d7af099 withdrew 13,059 ETH ($47.8M)
• address 6: 0x703b5760230de85fc5e403f8aac6562684b2b023 withdrew 13,059 ETH ($47.9M)
• address 7: 0x93e1e122d07b5111b29ae56e0ad6d923cf867e73 withdrew 13,059 ETH ($47.8M)
• address 8: 0xa0c7d234ac9bf4e386c8cbd7998295fdc7edc953 withdrew 13,059 ETH ($47.9M)
• address 9: 0xee1f36bbf01e892e3e654a632fe77672b029d46c withdrew 13,059 ETH ($47.9M)
• address 10: 0x0e17930f3afa9ce5c94c7ad0af76a2365f274dca withdrew 13,059 ETH ($47.8M)
• address 11: 0x3071959711e6b199d676f05635d8567f84175403 withdrew 13,059 ETH ($47.9M)
• address 12: 0xdfa4dc90fcbcb2aa8775e68d516e57af04a998f1 withdrew 13,084 ETH ($47.9M)

• These addresses belong to an entity Twelve fresh whales that withdrew ETH from Coinbase on June 11, 2024.

Notably, this may be part of an OTC as the withdrawals did not affect the price.

Fig 1. Twelve fresh wallets jointly withdrew 156,733 ETH ($574M) from Coinbase at $3,664 on average.