PANews reported on August 17th that according to on-chain analyst Ember, a whale user, who had staked 10,000 ETH for liquidity for a year and a half, withdrew it today and transferred it to an exchange. The initial value of the stake was $25.86 million, and it is now worth $46.55 million. The user has profited $20.68 million: $18.2 million in ETH appreciation and $2.48 million in staking interest.

This whale deposited 10,000 ETH into Mantle for liquidity staking in January 2024, redeemed 10,564 ETH (including 564 ETH in interest) yesterday, and transferred 10,819 ETH (US$47.79 million) to Kraken two hours ago.