TechFlow news, July 1 — according to analyst Yu Jin's monitoring, an institutional/whale investor has redeemed 95,313 ETH through two addresses over the past three weeks. Of this amount, 68,182 ETH (approximately $165 million) have already been transferred to centralized exchanges such as HTX, OKX, and Bybit. The investor participated in staking last year at an average price of $2,878, while the current average price for the redeemed and deposited ETH is around $2,431, resulting in a paper loss of approximately $42.6 million. The whale still holds 27,131 ETH (about $67.51 million), which is expected to be transferred to exchanges in the near future.
Add to Favorites
Share to Social Media
