Bybit will transfer $1.5 billion worth of ETH from a multi signature address and exchange LSD assets for native ETH using DEX

According to BlockBeats, on February 21st, encrypted KOL Finish announced that based on on on chain data, a multi signature address on Bybit has transferred $1.5 billion worth of ETH to a new address. The funds have arrived at the new address 0x47666fab8bd0ac7003bce3f5c35853833f09486e2, and then transferred to 0xa4b2fd68593b6f34e51cb9edb66e71c1b4ab449e. Currently, 0xa4 is selling stETH and mETH in exchange for ETH. At present, the address is using four different DEX, and if they only exchange LSD for native ETH, the transaction execution effect will be very poor (with significant wear and tear). This scale is usually conducted through over-the-counter trading, so this is very unusual