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A certain address withdrew 29,414 ETH from Coinbase in the past four days, and subsequently deposited it into Lido to earn staking income

2024-08-31 01:32
Odaily News According to the monitoring of on-chain data analyst Yu Jin, a whale/institutional address that previously withdrew 7,904 ETH from Coinbase withdrew 7,502 ETH (about 18.82 million USD) from Coinbase again 5 hours ago. This address has withdrawn a total of 29,414 ETH (about 74.49 million USD) from Coinbase in the past 4 days, with an average price of 2,532 USD. This address subsequently deposited all ETH into Lido to earn the current annualized staking income of about 2.8%.