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Interesting Position Movement — a major exchange just withdrew 20,850 ETH, worth approximately $63.28 million. Even more noteworthy is that the institutional investor behind this asset also engaged in staking and lending through addresses, borrowing a total of 40 million USDT to operate. From the accumulated data, this institution has amassed a total of 600,850 ETH, with a total market value approaching $1.82 billion. Calculating the cost basis, the average purchase price is roughly $3,146 per ETH. This large-scale concentration of ETH combined with the stablecoin deployment reflects the institution's long-term optimism for the Ethereum ecosystem at this stage.