A whale transferred all 95,313 ETH redeemed to CEX, with a book loss of $40.41 million

By: odaily.com|2025/07/08 00:41:27

Odaily News According to on-chain analyst Yu Jins monitoring, 5 hours ago a whale/institutional address also transferred the remaining 3,631 ETH to the exchange, which means that a total of 95,313 ETH (about US$234 million) redeemed from pledges in the past month have all entered CEX.
This batch of ETH was pledged last year, with an average price of about US$2,878 when pledged, and an average price of about US$2,454 when redeemed and transferred to CEX, with a cumulative book loss of US$40.41 million.

ByteDance Denies Oracle and Others Will Acquire TikTok's U.S. Business Trump: Today's Tariff Letter is to Some Extent the Final Offer, but Open to Other Ideas

Lil Pump’s Bold Solana Tattoo Move: Rapper Dumps SOL Tokens After Inking Blockchain Name on Forehead

As of August 14, 2025, the world of crypto and celebrity antics continues to collide in unexpected ways.…

crypto insight|2025/08/14 07:40:17

Fairdesk Crypto Exchange Shuts Down Amid Regulatory Pressures: A Look Back on Its Closure

As of today, August 14, 2025, the cryptocurrency landscape continues to evolve rapidly, with past events like the…

crypto insight|2025/08/14 07:40:18

Bitcoin Faces Resistance at $125K, Signaling Potential Consolidation Before Surge to $140K

As of today, August 14, 2025, the cryptocurrency market is buzzing with activity, and Bitcoin is at the…

crypto insight|2025/08/14 07:40:18

XRP Price Chart Signals Potential 75% Surge as SEC Concludes Lawsuit Against Ripple

As of today, August 14, 2025, XRP continues to navigate a key legal obstacle with an injunction limiting…

crypto insight|2025/08/14 07:40:19

Kalshi Election Betting Contracts Surge After Major Court Victory

The innovative prediction marketplace Kalshi has rolled out over a dozen contracts linked to U.S. political events since…