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A certain whale transferred all redeemed staked ETH to an exchange within 1 month, with a floating loss of approximately $40.41 million.

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ForesightNews
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Jul 8, 2025

According to Ember Monitoring, a certain whale/institutional address transferred out the last 3,631 $ETH 5 hours ago. This means that all 95,313 $ETH (approximately $234.00 million) redeemed from staking have entered centralized exchanges within a month. These $ETH were staked last year at an average price of $2,878, while the average price of $ETH transferred to exchanges after redemption was $2,454, resulting in a floating loss of $40.41 million. [Foresight News]

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