TechFlow reports that on November 15, according to on-chain analyst Yu Jin, a whale who deposited 32,416 ETH into staking last year may be preparing to take partial profits: an hour and a half ago, he transferred 10,621 ETH (worth $32.72 million) to Binance—these ETH were withdrawn from staking a few days prior.
Last year, he withdrew ETH from Binance at an average price of $1,877 to stake it; his current unrealized profit now stands at $37.44 million (+61%). He still has 22,859 ETH (worth $69.15 million) actively staked.
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