Onchain Lens reported that a whale or institution redeemed 9,026 ETH valued at $31.05 million and deposited 7,665 ETH worth $26.37 million to OKX and Bybit. The wallet involved had been previously tagged as #SharpLink, but SharpLink publicly denied any association with it. The movement represents significant on-chain transfers across multiple exchanges, underscoring large-scale liquidity shifts in Ethereum markets.