An address withdrew 29,414 ETH from Coinbase in the past 4 days and subsequently deposited them into Lido to earn staking rewards.

According to the on-chain data analyst Yu Jin, a whale/institutional address that previously withdrew 7904 $ETH from Coinbase withdrew another 7502 $ETH from Coinbase 5 hours ago (approximately $18.82 million). This address has withdrawn a total of 29414 $ETH from Coinbase in the past 4 days (approximately $74.49 million) at an average price of $2532. Subsequently, the address will deposit all $ETH into Lido to earn the current annualized staking yield of about 2.8%.