In the past 4 days, 29,414 ETH were withdrawn from a certain address on CEX and subsequently deposited into Lido to earn staking rewards
According to on-chain data analyst Yu Jin, a whale/institutional address that previously withdrew 7,904 ETH from CEX has again withdrawn 7,502 ETH (approximately $18.82 million) from CEX five hours ago. This address has accumulated a total of 29,414 ETH (approximately $74.49 million) withdrawals from CEX in the last four days at an average price of $2,532 per ETH. All the withdrawn ETH have been deposited into Lido to earn an annualized staking return of approximately 2.8%.
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