TechFlow, on September 19, according to on-chain analyst EmberCN (@EmberCN), a whale that previously earned over $12 million in profits on Blast continues taking profit. The whale has withdrawn ETH deposited a year ago from StakeStone and AO Protocol, transferring 4,412 ETH (worth $20.24 million) to Binance.
According to monitoring, last year the whale deposited 4,412 ETH into StakeStone and 8,168 stETH into AO Protocol when ETH was priced at $3,800. The whale has now fully withdrawn these ETH and stETH holdings, sending the ETH directly to Binance, while the stETH is currently being redeemed into ETH. Compared to the time of deposit, these ETH positions have generated approximately $10 million in profit.
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