Within the past hour, multiple ETHFI bidirectional transfers occurred between the Uniswap PoolManager and the UniV4Standard contract of Arrakis Finance. Each transfer involved approximately 324,000 to 368,000 ETHFI, worth about $205,000 to $231,000. The total amount transferred exceeded 5 million ETHFI (about $3 million). The funds flowed back and forth between the two protocols at high frequency, likely for liquidity providers or market makers to rebalance their positions. No funds were deposited to an exchange, and similar rebalancing or liquidity deployment adjustments may continue afterward. $ETHFI