Ethereum whales and ETF giants move $260M in ETH to exchanges amid ETF outflows.

Major Ethereum holders and institutional ETF issuers transferred over 113,000 ETH, worth nearly $260 million, to exchange platforms, signaling potential selling pressure amid significant outflows from US spot Ether ETFs. Ethereum whale Garrett Jin deposited 78,000 ETH to Binance, continuing his large-scale portfolio moves, while BlackRock and Fidelity moved a combined 35,394 ETH to Coinbase Prime. These transfers coincide with $103.5 million net outflows from US spot Ethereum ETFs, raising market volatility concerns as traders watch for further activity.