BREAKING
150d 23h ago

ETH Whale Redeems 25,755 ETH (~$117M) to Binance After $60.5M Staking Profit

ETH

ETH/USDT

$2,127.12
+4.51%
24h Volume

$39,049,302,904.94

24h H/L

$2,145.26 / $2,009.54

Change: $135.72 (6.75%)

Long/Short
69.8%
Long: 69.8%Short: 30.2%
Funding Rate

-0.0018%

Shorts pay

Data provided by COINOTAG DATALive data
Ethereum
Ethereum
Daily

$2,121.96

1.67%

Volume (24h): -

Resistance Levels
Resistance 3$2,577.98
Resistance 2$2,403.28
Resistance 1$2,234.29
Price$2,121.96
Support 1$1,994.75
Support 2$1,826.83
Support 3$1,157.44
Pivot (PP):$2,110.44
Trend:Downtrend
RSI (14):32.9

According to on-chain data analyst Yu Jin and reported by COINOTAG on September 12, an ETH staking whale redeemed 25,755 ETH (approximately $117 million) and transferred the tokens to Binance about 50 minutes prior to the report, a movement visible in on-chain traces and consistent with an exchange deposit.

On-chain history indicates that between August 2023 and April 2024 the same wallet moved roughly $173 million in USDT to Binance, purchased 32,164 ETH at an average price near $2,649 and subsequently restaked via the PoS protocol; COINOTAG estimates the recent unwind yielded an approximate realized profit of $60.5 million.

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