Odaily Planet Daily News Chain analyst Yu Jin monitored that a whale liquidated 14,387 ETH (worth about $34.48 million) in the past three days, losing $12.55 million. The whale withdrew 14,384 ETH (about $47.33 million) from Binance at an average price of $3,290 from 6/22 to 8/4 and deposited it in Lido for staking. Then the market plummeted on 8/5, which may have made him lose confidence, and he began to redeem ETH from Lido in batches and transfer it back to Binance on the evening of 8/5. An hour ago, the last 5,000 ETH was transferred to Binance. Withdrawing from Binance at an average price of $3,290 and then transferring to Binance at an average price of $2,417, the whale may have lost $12.55 million (-26.5%) on this ETH investment.