PANews reported on September 12th that, according to data monitored on the Embers chain, an ETH staking whale transferred 25,755 ETH (approximately $117 million) redeemed from staking to Binance 50 minutes ago. This whale had previously transferred $173 million worth of USDT to Binance between August 2023 and April 2024, and purchased 32,164 ETH at $2,649 per ETH for PoS staking.

17 days ago, he redeemed 25,755 of his ETH from the stake and transferred the funds to the exchange today. It is reported that this transaction brought him a profit of approximately $60.5 million.