On-chain data tracking account EmberCN reported via X (formerly Twitter) that multiple wallet addresses associated with famous cryptocurrency trader Jordan Fish (alias 'Cobie') have transferred large-scale assets.

Looking at the transaction history, the addresses were found to have分散 transferred a total of 20 million LDO (approximately $6.58 million) to major exchanges such as Binance, OKX, and Kraken over the past 30 minutes.

In the industry, it is generally viewed that when a massive amount of cryptocurrency is deposited from a personal wallet to an exchange, it is highly likely intended for selling on the market.