A certain whale transferred all 95,313 ETH redeemed to a CEX, with a book loss of $40.41 million.
According to on-chain analyst Ember, 5 hours ago, a certain whale/institutional address transferred the remaining 3,631 $ETH to the exchange, meaning that all 95,313 $ETH (approximately $234.00 million) redeemed from staking in the past month have entered the CEX.
This batch of $ETH was staked last year at an average price of approximately $2,878, while the average price after redemption and transfer to the CEX was approximately $2,454, resulting in a cumulative book loss of $40.41 million. [Odaily Planet Daily]
A certain whale transferred all 95,313 ETH redeemed to a CEX, with a book loss of $40.41 million.
According to on-chain analyst Ember, 5 hours ago, a certain whale/institutional address transferred the remaining 3,631 ETH to the exchange, meaning that all 95,313 ETH (approximately $234.00 million) redeemed from staking in the past month have entered the CEX.
This batch of ETH was staked last year at an average price of approximately $2,878, while the average price after redemption and transfer to the CEX was approximately $2,454, resulting in a cumulative book loss of $40.41 million. [Odaily Planet Daily]
