5 hours ago, the last 3,631 ETH were also transferred from this giant whale/institution address. This means that all 95,313 ETH ($234 million) they redeemed from staking entered CEX within a month.

These ETH were staked last year, with an average price at the time of staking being $2,878. The average price when redeemed and transferred to CEX was $2,454, indicating a loss of up to $40.41 million.