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A whale transferred 68,182 ETH to CEX in the past three weeks, about 165 million US dollars, or a loss of 42.6 million US dollars

2025-07-01 02:31

Odaily News According to monitoring by Ember, in the past three weeks, a whale/institution redeemed 95,313 ETH from pledge through 2 addresses, and has currently transferred 68,182 ETH (about 165 million US dollars) of them to CEXs such as HTX, OKX, and Bybit.
These ETH were all staked last year, and the average price at the time of staking was $2,878. The current average price of redemption and transfer to CEX is $2,431, or a loss of $42.6 million.