About 15,700 ETH (worth $1.3 billion) related to the Plustoken scam seized by the Chinese government was transferred from known addresses yesterday, of which more than 7,000 $ETH were sent to exchange deposit addresses, according to ErgoBTC. Similar to the previous pattern of selling #BTC , the $1.3 billion worth of ETH may be sold in full in the future.
Source: Wu Blockchain News