According to on-chain monitoring, the whale that redeemed 24,000 staked ETH from Lido on September 27 sold 7,000 ETH again two days later, equivalent to $18.29 million, with an estimated profit of $700,000.
The whale transferred the 7,000 ETH to the new address 0x416...81768 16 hours ago and recharged all of it to Coinbase six hours ago, indicating that it is very likely for selling. The whale still holds 17,000 ETH. The market needs to pay attention to its next operations, which may have an impact on the short-term price trend of ETH.
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