Whale Sells 7,000 ETH for $18.29M After Redeeming Staked Funds From Lido

COINOTAG news reported on September 30, as per ai_9684xtpa tracking, that a whale who withdrew 24,000 staked ETH from Lido on September 27, transacted another 7,000 ETH two days later, equating roughly to $18.29 million USD. This move generated an estimated profit of $700,000 USD. The whale transferred 7,000 ETH to the new address 0x416…81768 around 16 hours ago, subsequently moving the entire amount to Coinbase 6 hours ago, indicating a strong likelihood of it being sold. As of now, the whale retains a balance of 17,000 ETH.