PANews July 8 news, according to on-chain analyst Yu Jin's monitoring, 5 hours ago, a certain Whale/institution Address transferred out the last 3,631 ETH. This means that they have transferred all 95,313 ETH (worth $234 million) redeemed from stake in the past month to CEX.
These ETH participated in staking last year, with an average staking price of $2,878. The average price upon redemption and transfer to the CEX was $2,454, resulting in a loss of $40.41 million.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
A certain Whale/institution transferred out the last 3631 ETH early in the morning, having transferred 95313 ETH to CEX in the past month.
PANews July 8 news, according to on-chain analyst Yu Jin's monitoring, 5 hours ago, a certain Whale/institution Address transferred out the last 3,631 ETH. This means that they have transferred all 95,313 ETH (worth $234 million) redeemed from stake in the past month to CEX. These ETH participated in staking last year, with an average staking price of $2,878. The average price upon redemption and transfer to the CEX was $2,454, resulting in a loss of $40.41 million.