A significant Ethereum whale, holding 155,837 ETH valued at $408 million, has begun offloading its holdings. The whale, linked to three wallets possibly associated with Arthapala, unstaked and withdrew the entire amount, starting to deposit ETH to exchanges on June 10. To date, approximately 120,918 ETH, worth $317 million, has been transferred to exchanges, with 34,919 ETH, valued at $91.6 million, remaining.