Giant Whale received a $43000 ETFFI airdrop, but accumulated a loss of approximately $11.9 million due to pledging ETH

Odaily Planet Daily News: According to on chain analyst @ ai_9684xtpa monitoring, ETH LRT Whale redeemed the last 4000 ETH from ether.fi and recharged it to Binance 9 hours ago, marking its complete liquidation. In the past year, the address has invested a total of 40626 ETH through ether.fi staking, during which it received approximately $43000 in ETFFI airdrop rewards. However, it still cannot offset the losses caused by the drop in ETH prices, with an estimated overall loss of $11.9 million. The giant whale mainly hoarded a large amount of coins at an average price of $3033 between December 2023 and May 2024.