Net closing in? An address cluster dumps 249 million H in 7 hours, cashing out $31.3 million

According to on-chain analyst Ember Monitoring, 7 wallets have sold 249 million H on-chain in the past 7 hours, cashing out $31.3 million (including 17,800 ETH and 2,715 BNB). The tokens sold mainly originated from unlocks. H has dropped 83% in price over the past 7 hours due to large-scale selling.