The 95,313 ETH redeemed by a giant whale from the pledge was transferred to CEX within 1 month.
2025-07-08 00:40:23
According to on-chain analyst Ember Monitoring, the last 3,631 ETH in this giant whale/institution address was also transferred out 5 hours ago. This means that the 95,313 ETH ($234 million) they redeemed from the pledge went into CEX in one month. These ETH participated in the pledge last year, and the average price at the time of the pledge was $2,878. The average price transferred into CEX after redemption was $2,454, which means that the loss was as high as $40.41 million.
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