Yesterday, 24,000 ETH addresses were redeemed from Lido and 3,998 ETH were deposited into CEX. The sale will make a profit of $710,000

Odaily News According to Ai Yi, an on-chain analyst, the whale who redeemed 24,000 staked ETH from Lido yesterday recharged 3,998 of them (about $10.76 million) to Coinbase six hours ago, and it is suspected that they sold them. The cost of opening a position for this part of ETH is about $2,514, while the recharge price is $2,691. If all 3,998 are sold, the profit will be $710,000.