According to on-chain analyst Ember, the whale that transferred 200,000 ETH did not sell. 100,000 ETH was transferred to the address "0xc6b...9c7" and subsequently deposited into Aave for staking and yield generation. Another address at "0xc6b...9c7" deposited 100,000 ETH into Aave, borrowed 1 million USDT, and then deposited it into Plasma for yield generation.

According to analysis, these ETH may belong to Bitfinex, but it is unclear whether they are user assets or held by Bitfinex itself. In addition, Bitfinex is an investor in Plasma.