A certain whale redeemed all pledged ETH and transferred it to the exchange within one month, resulting in a floating loss of approximately $40.41 million

Foresight News|Jul 08, 2025 00:38
According to Foresight News, a certain whale/institutional address transferred the last 3631 ETH out 5 hours ago, as monitored by the embers. This means that all 95313 ETH (approximately $234 million) redeemed from staking will enter the centralized exchange within a month. These ETH were involved in staking last year, with an average price of $2878 at the time of staking, and an average price of $2454 transferred to the exchange after redemption, resulting in a floating loss of up to $40.41 million.
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