$ETH After two years of staking, a whale deposited their final 2,680 $ETH ($4.93M) into #Kraken , incurring a $255K loss.

Originally staking 4,889 $ETH ($9.14M), they earned 291 ETH in rewards, withdrawing a total of 5,180 ETH ($8.88M) but still ending in the red.

Wallet address: 0xe986e35fa276b57fd4de04a974dd1cd30714db7e.

What factors led to this whale’s $255K loss despite earning staking rewards over two years?

#wendy