The giant whale is moving! Is this 4000 ETH a runaway or bait?
On-chain monitoring shows that LRT whale 0x346 suddenly deposited 4000 ETH (worth about 9.14 million USD) into Bitan two hours ago.
This batch of ETH has a significant background: it was redeemed from Renzo and deposited into StakeStone a year ago at a cost of about 2310 USD. If sold now, it would incur a loss of over 210,000 USD