A giant whale transferred 25,755 ETH to Binance, worth 117 million dollars

ChainCatcher news, according to market news, a certain Ethereum staking whale transferred 25,755 ETH (worth $117 million) from staking redemption to Binance exchange 50 minutes ago.

According to analysis, this whale previously transferred $173 million USDT to Binance between August 2023 and April 2024, purchasing and withdrawing 32,164 ETH at an average price of $2,649, and then staking it in PoS. The whale redeemed 25,755 ETH from staking 17 days ago and transferred it to the exchange today. These ETH brought it approximately $60.5 million in profit.