A whale redeemed 4.44 million SUSHI from SushiSwap staking 30 minutes ago and transferred 1.98 million SUSHI to Bybit

According to on-chain analyst Yu Jin's monitoring, 30 minutes ago, a whale redeemed 4.44 million SUSHI from SushiSwap staking and then transferred 1.98 million SUSHI (worth $1.91 million) to Bybit.

This whale had withdrawn 4.4 million SUSHI from Bybit on October 28, 2023, at a price of $0.61 and deposited it into SushiSwap staking. The current redemption and transfer of 1.98 million SUSHI to the exchange at a price of $0.97 is expected to generate a profit of $710,000 (+59%).