A whale address sent 10,621 ETH to Binance an hour and a half ago

BlockBeats News, November 15th, According to on-chain data analyst DeInferis, a whale address that staked 32,416 ETH last year is either preparing to partially cash out or take profit. The address transferred 10,621 ETH (approximately $32.72 million) to Binance an hour and a half ago, which were the ETH redeemed from the staking a few days ago.

It is reported that the address withdrew ETH from Binance last year at an average price of $1,877, staked the ETH, and now with the ETH price at $3,035, it has an unrealized gain of $37.44 million (+61%). Currently, the address still holds 22,859 ETH (approximately $69.15 million) staked.