A certain whale/institution has redeemed all 95,313 staked ETH within a month and transferred them to an exchange.
On July 8th, according to on-chain analyst Ember (@EmberCN)'s monitoring, a whale/institutional address has transferred out the last 3,631 $ETH, marking that the address has transferred all 95,313 $ETH (approximately $234.00 million) redeemed from staking to centralized exchanges in the past month. Data shows that the average price of these $ETH when staked was approximately $2,878, while the average price when transferred to the exchange after redemption was approximately $2,454, resulting in an estimated book loss of approximately $40.41 million. [Deep Tide TechFlow]
A certain whale/institution has redeemed all 95,313 staked ETH within a month and transferred them to an exchange.
On July 8th, according to on-chain analyst Ember (@EmberCN)'s monitoring, a whale/institutional address has transferred out the last 3,631 ETH, marking that the address has transferred all 95,313 ETH (approximately $234.00 million) redeemed from staking to centralized exchanges in the past month. Data shows that the average price of these ETH when staked was approximately $2,878, while the average price when transferred to the exchange after redemption was approximately $2,454, resulting in an estimated book loss of approximately $40.41 million. [Deep Tide TechFlow]
