Whale address transfers the last 3,631 ETH to CEX, with potential losses of $40.41 million

On July 8 (UTC+8), 5 hours ago, a whale or institutional address transferred out the last 3,631 ETH. This address had previously redeemed 95,313 $ETH from staking, worth approximately $234.00 million, and transferred all of it to centralized exchanges within a month. These $ETH were staked last year at an average price of $2,878. The average price of the $ETH transferred to exchanges after redemption was $2,454, with potential losses of up to $40.41 million. (Source: Mlion.ai) [MetaEra]