DeFi· ★★· bullish·

Whale stacks 2,656 ETH worth $7.18M, stakes via Lido

  • —Whale withdrew 1,236 ETH worth $3.36M from OKX in one hour
  • —2,656 ETH ($7.18M) accumulated since Oct. 4
  • —Average withdrawal price $2,703.3; unrealized gain $19,500
  • —Pattern: withdraw from exchange, then stake via Lido
Why it matters: Large ETH withdrawals from exchanges into staking cut liquid supply and signal a long-term conviction bet by the whale.
Source: PANews