Inactive Whale Withdraws 5,627 ETH ($24M) from HTX for Everstake Staking

Onchain Lens monitoring reports that an inactive whale user, after 5 months, withdrew 5,627 ETH valued at approximately $24.34 million from HTX and transferred them to Everstake for staking.

ETH

Summary

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Terms & Concepts
  • Whale: A large cryptocurrency holder whose significant transactions can influence market trends.
  • Staking: The process of holding crypto funds in a wallet to support blockchain operations and earn rewards.