Bitwise ETHW transferred about 932 ETH to Nonco address

Odaily Odaily According to Arkham monitoring data, the Bitwise spot Ethereum exchange-traded fund ETHW marked address transferred 932.656 ETH to the Nonco address 22 hours ago, worth approximately US$2.21 million. Historical data shows that this transaction is the first outflow transaction from this address in the past two months. Previously, Bitwise had published an article stating that Ethereum's fundamentals remain strong, more than half of stablecoins are on the Ethereum chain, and more than 60% of DeFi assets are locked on Ethereum. Its chief investment officer Matt Hougan said that ETH now seems to have no one interested, but as the year draws to a close, its poor price performance may be reversed.