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A whale has recently unbonded and deposited 95,313 ETH to a CEX in the past month, with unrealized losses potentially reaching as high as $40.41 million.
By: theblockbeats.news|2025/07/08 09:16:51
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BlockBeats News, July 8th, according to EmberCN monitoring, 5 hours ago, the last 3,631 ETH was transferred out of a whale/institutional address. This means that they have moved all of their 95,313 ETH (approximately $2.34 billion) redeemed from staking into a centralized exchange (CEX) within a month.
This ETH was staked last year at an average price of $2,878. The average price at which it was moved to the CEX after redemption was $2,454, potentially resulting in a loss of up to $40.41 million.
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