A well-known research institution's associated address has once again increased its Ethereum holdings with frequent transactions. According to on-chain data monitoring, this address withdrew nearly $35 million and 11,520 ETH from a major exchange within 70 minutes. Reviewing its on-chain interaction records, this operation is not isolated — the address has also recently withdrawn approximately $30 million and 9,300 ETH from exchanges, then engaged in cyclical arbitrage through the Aave lending protocol, transferring back $20 million to the exchange. As of now, the Ethereum holdings of this address have approached $94 million. This series of rapid operations reflects the institution's optimistic outlook on Ethereum's mid-term market trend and has become a focal point of market attention.