On November 22, BlockBeats reported that an Ethereum (ETH) whale deposited 9,000 ETH redeemed from Lido into Binance, which is worth around US$29.98 million. If sold, this would result in a profit of US$4.21 million. The whale opened a position of 14,877 ETH at an average price of 2863.77 yuan between February 2-4, 2024.
In the past month, they are suspected of selling 14,010 ETH, with an accumulated profit of 5.51 million US dollars and a return rate of 13.7%.
Source
<p>The post ETH Whale Redeeming Lido Deposits for Profit first appeared on CoinBuzzFeed.</p>
