COINOTAG News reported on August 20 that on-chain analyst AI Auntie (ai_9684xtpa) observed an institutional ETH sale of 4,000 ETH over the prior 12 hours, valued at approximately $16.65 million at an average price of $4,164. The transaction is recorded on-chain and cited by the monitoring account.
The same address has disposed of a cumulative 12,575 ETH from August 18 to date, with an aggregate value near $53.68 million, while still holding 6,210 ETH. These figures reflect on-chain tracking and USD conversions reported by the source.
Observers should note that on-chain data documents asset flows but does not disclose counterparty identity or intent; this report provides a factual account of movements relevant to Ethereum liquidity and institutional flows, based on verified on-chain records.
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Source: https://en.coinotag.com/breakingnews/on-chain-ai-reports-institution-dumps-4000-eth-in-12-hours-12575-eth-sold-since-aug-18/