PANews reported on March 25 that according to on-chain analyst Yu Jin’s monitoring, a whale redeemed 4,721 ETH (about $9.91 million) 5 hours ago and transferred it to the exchange Bitget. This address has withdrawn a total of 6,849 ETH (about $17.95 million) from Coinbase Prime and Binance at an average price of $2,621 in the past three months and pledged it. The current position has a floating loss of about $3.57 million.
A whale redeemed 4,721 ETH and transferred them to Bitget, losing more than $3.5 million in three months
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