The cryptocurrency whale pulled tens of millions of dollars worth of altcoins from the decentralized finance (DeFi) platform and moved them to the stock market.
Reported by on-chain analysis platform Spot On Chain to data according to czsamsunsb.eth The popular whale known as transferred his Ethereum (ETH) to the stock market.
According to data 5th of February whale taking action on the day, $75.7 million worth 32,930 ETHto Lido Finance (LDO) He withdrew it from the stake and transferred it to the cryptocurrency exchange Binance. Whale Ethereum price has experienced approximately 2% He made this move by taking advantage of the rise.
In the past period, the same whale attracted attention by transferring his Ethereum to Binance before the price drops. The last transfer made us think that a possible decline may be on the way. The whale in question is currently on Lido Finance. $28.1 million worth stETH of 12,186 is available.
The same whale had recently Lybra (LBR) moved its assets from stake to exchanges and LBR more than 60% decline He was among the triggering names.
According to CoinGecko data, in the last 24 hours 1% rise Ethereum exhibiting, at the time of writing from $2,323 is being traded.