A whale redeemed its ETH and stETH staked for a year and transferred 4,412 ETH to Binance

PANews reported on September 19 that according to monitoring by on-chain analyst Ember, the whale that earned more than $12 million on Blast continued to implement profit-taking operations: in the early hours of this morning, it redeemed the ETH it had deposited in StakeStone and AOProtocol a year ago, and transferred 4,412 ETH (worth approximately $20.24 million) to Binance.

Last year, the whale deposited 4,412 ETH into StakeStone and 8,168 stETH into AOProtocol, when the ETH price was around $3,800. Today, the whale withdrew all of its ETH and stETH, transferring the ETH directly to Binance. The stETH is currently being redeemed for ETH and is expected to be transferred to Binance upon successful redemption.

In this operation, these ETH have realized a profit of US$10 million compared to when they were deposited (excluding the airdrop income obtained from staking).

Share to:

Author: PA一线

This content is for informational purposes only and does not constitute investment advice.

Follow PANews official accounts, navigate bull and bear markets together
Recommended Reading
9 minute ago
36 minute ago
4 hour ago
4 hour ago
11 hour ago
15 hour ago

Popular Articles

Industry News
Market Trends
Curated Readings

Curated Series

App内阅读