A whale redeemed 4.44 million SUSHI from SushiSwap staking 30 minutes ago and transferred 1.98 million SUSHI to Bybit

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Cointime2024/04/17 07:52

By:Cointime

According to on-chain analyst Yu Jin's monitoring, 30 minutes ago, a whale redeemed 4.44 million SUSHI from SushiSwap staking and then transferred 1.98 million SUSHI (worth $1.91 million) to Bybit.

This whale had withdrawn 4.4 million SUSHI from Bybit on October 28, 2023, at a price of $0.61 and deposited it into SushiSwap staking. The current redemption and transfer of 1.98 million SUSHI to the exchange at a price of $0.97 is expected to generate a profit of $710,000 (+59%).

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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