A retreat of a $ETH staking giant/institution:

They staked 40,128 ETH in March last year and redeemed these ETH a month ago.

Then, over the last two weeks, they have transferred a total of 41,400 ETH ($100M) to multiple CEXs primarily based on HTX.

However, when they staked last year, the price of ETH was around $3,227, while the current price of ETH is only $2,417. This means they have actually lost $28.8 million after staking for more than a year.

Address link🔗👉：https://t.co/CGgYKVoDu4

This article is sponsored by #Bitget｜@Bitget_zh