A significant whale has transferred over 68,000 ETH to exchanges, highlighting the financial risks faced by large holders amid market volatility.
A major Ethereum whale has redeemed 95,313 ETH in the last three weeks, transferring 68,182 ETH (around $165 million) to exchanges such as HTX, OKX, and Bybit. Originally staked at an average price of $2,878, the current redemption value is approximately $2,431, leading to a loss of $42.6 million.