$ETH ETH | Ethereum Staking Whale Takes Profit — $11.36M Realized 🚨
A major Ethereum whale has deposited 10,169 ETH (~$29.77M) into Binance, locking in a realized profit of $11.36M after a long-term staking strategy.
The wallet 0xc8D4…Be2CD originally withdrew 19,505.5 ETH (~$48.69M) from exchanges and committed the funds to Ethereum staking. Over time, the position steadily grew through staking yield.
After unstaking, the whale redeposited 20,269 ETH (~$60.05M) back to Binance—earning an additional 763.58 ETH purely from staking rewards—before executing partial profit-taking today.
This move highlights how large holders are increasingly leveraging staking yield, not just price appreciation, to maximize returns before rotating liquidity back to exchanges.
The key question: Strategic yield harvesting—or early signs of broader ETH distribution by long-term stakers?
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