Giant Whale redeemed ETH and transferred it to the exchange, resulting in a loss of over $42.6 millionMany friends have said that ETH ETFs have been continuously flowing in recently, and SharpLink, the Ethereum version of the micro strategy, has also been buying. Why is ETH possible Other whales/institutions are shipping 😂 For example, the following whale/institution: They have redeemed 95313 ETH from staking through two addresses in the past three weeks, and have now transferred 68182 ETH (165 million) to CEX such as HTX, OKX, Bybit, etc. And now there are 27131 ETH (67.51 million) in the address, which should continue to be transferred to CEX in the next few days. These ETH were all involved in staking last year, with an average price of 2878 calculated based on the price at the time of staking. At present, the average price of redemption and transfer to CEX is 2431, which means a loss of 42.6 million. Address: https://intel. ((arkm.com))/explorer/address/0x14e40e9528D3d3aE65d710aaFd7019e61fF0b447 https://intel. (arkm. com)/exporter/address/0x26 billion bffEF29c50F60070 billion E20D98cB44fbFc64cc50DF This article is sponsored by Bitget | @ Bitgetzh