According to Odaily's Planet Daily, on-chain analyst Yu Jin Monitoring reported that a whale/institution that accumulated 86,000 ETH at an average price of $3,023 between June and August has reduced its holdings by 9,010 ETH ($34.05 million) since yesterday's early morning drop. This whale/institution began taking profits on September 15th and has transferred a total of 24,020 ETH ($103 million) to Binance at an average price of $4,282, realizing a profit of $30.24 million. It currently holds 61,981 ETH ($232 million).