Data: An ETH whale has distributed 41,400 ETH to multiple exchanges over the past two weeks, incurring a loss of approximately $28.8 million

According to ChainCatcher, as monitored by Ember, an Ethereum staking whale redeemed 40,128 ETH staked in March last year about a month ago. Over the past two weeks, this whale has distributed approximately 41,400 ETH (worth around $100 million) to multiple centralized exchanges.

It is noteworthy that when this whale staked last year, the price of ETH was around $3,227, while the current price is only $2,417. Based on the current price, the whale has incurred an unrealized loss of about $28.8 million after staking for more than a year.