According to on-chain analyst Ember Monitor, the giant whale that made more than $12 million from farming on Blast continues to take profits: he redeemed the ETH he deposited into StakeStone and AO Protocol a year ago early this morning, and then transferred 4,412 ETH ($20.24 million) into Binance.
He deposited 4,412 ETH into StakeStone and 8,168 stETH into AO Protocol last year, when the price of ETH was $3,800. Today, he got all of these ETH and stETH back, ETH directly into Binance, stETH is being redeemed into ETH, and it is estimated that when the redemption is successful, it will also be transferred to Binance. These ETH made a profit of 10 million dollars compared to when he deposited them. This is not counting the airdrop he pledged to get.
A whale will redeem ETH deposited into StakeStone and AO Protocol, and transfer 4,412 ETH to Binance
2025-09-19 01:00:38
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