A giant whale redeems its pledged ETH and stETH for one year and transfers 4,412 ETHs to Binance
Source: PANews
Time: 2025-09-19 08:51:13
PANews reported on September 19 that according to on-chain analyst Ember Monitor, the giant whale, which earned more than $12 million on Blast, continued to implement a take-profit operation: it redeemed its ETH deposited in StakeStone and AOProtocol a year ago in the early morning of this day, and transferred 4,412 ETHs (worth about $20.24 million) to Binance.
The giant whale deposited 4,412 ETH into StakeStone and 8,168 stETH into AOProtocol last year, and the ETH price was about $3,800 at that time. Today, it will retrieve all ETH and stETH, and ETH will be transferred directly to Binance. stETH is in the process of redemption as ETH, and it is expected that it will also be transferred to Binance after the redemption is successful.
In this operation, these ETHs have achieved a profit of US$10 million compared to when they were deposited (not including the airdrop income obtained from pledge).