According to COINOTAG citing EmberCN monitoring, an on-chain whale (0x7Ab…A3FE) that realized over $12 million in gains on Blast redeemed ETH that had been deposited a year ago into StakeStone and AO Protocol early this morning, transferring 4,412 ETH (approximately $20.24 million) to Binance. The report reflects confirmed on-chain movements rather than speculative analysis.
Market observers note that sizable exchange inflows and redeployment from staking services can materially alter short-term custody and liquidity metrics; institutional and retail participants typically monitor such on-chain flows for adjustments to risk exposure. This update is sourced from verified monitoring data and aligns with standard crypto market surveillance practices.