An Ethereum staking whale transferred 7,864 ETH to Binance 40 minutes ago
an ETH staking whale transferred 7,864 ETH (approximately $24.38 million) to Binance 40 minutes ago, as monitored by on-chain analyst Yu Jin. The whale has been holding onto the ETH for 9 months and is still at a loss. On 2/27, the whale withdrew 23,361 ETH (approximately $75.82 million) from Binance and deposited it for staking when the price of ETH was $3,245 (for comparison, BTC was priced at $54,520 and SOL was priced at $110, both of which have seen around a 100% increase since then). Nine months later, the whale redeemed 7,864 ETH and transferred it to Binance, but at the current price, they should still be at a loss.
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