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).
