An Ethereum whale redeemed over 10,500 staked ETH with rewards, then moved more than 10,800 ETH to Kraken, realizing significant price appreciation and staking gains.
A major Ethereum holder who staked 10,000 ETH over the past 18 months has redeemed 10,564 ETH, including 564 ETH in staking rewards. The staking period yielded $18.2 million from ETH price appreciation and $2.48 million from rewards, totaling $20.68 million in profit. Shortly after redemption, the whale transferred 10,819 ETH, valued at about $47.79 million, to Kraken.