A whale/institution has sold 41,400 ETH in the past two weeks, staking it for more than a year and losing about $28.8 million

avatar
ODAILY
06-27
This article is machine translated
Show original
Planet Daily News: According to on-chain data analyst Yu Jin's monitoring, a certain whale/institution address has transferred a total of 41,400 ETH (approximately $100 million) to multiple centralized exchanges, primarily HTX, over the past 2 weeks. It is reported that they staked 40,128 ETH last March and redeemed these ETH one month ago. However, when they staked last year, the ETH price was around $3,227, while the current ETH price is only $2,417. After staking for over a year, they have incurred a capital loss of approximately $28.8 million.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments