Just 5 hours ago, Whale 0xcef unstaked 2,912 #WBETH ($8.03M) from #EigenLayer and moved it to #Binance for profits:

Address: 0xcef008b6f1ceec8ff5042df1f47852033f0a4331

This whale has made a total profit of $1.363M (+19.5%) over the past 8.5 months from staking and investing in WBETH:

February 6, 2024: Withdrew 2,912 WBETH from Binance at an average price of $2,405 ($7.01M) and #staked all tokens with EigenLayer.

October 1, 2024: Earned 80,777 $EIGEN from an airdrop as staking rewards, selling them on Binance for $337K.

October 16, 2024: Unstaked and deposited all 2,912 $WBETH to Binance at $2,757 ($8.03M), realizing a profit of $1.026M.

Though profitable, the whale missed several peaks by keeping WBETH staked during prime selling moments!