According to on-chain analyst Yu Jin's monitoring, a staking whale redeemed 6,404 ETH worth approximately $21.01 million in just 50 minutes and transferred it to Binance. This action has drawn widespread attention from the market.

In the past two days, this whale has transferred a total of 14,268 ETH to Binance, with a total value of approximately $45.39 million. Notably, the average price for these ETH transfers was $3,181, which is lower than the price when he withdrew from Binance 9 months ago, indicating a certain loss.

This series of operations may reflect different expectations among market participants regarding the current price trend, and also provides an important observational perspective for on-chain data analysis.