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Address withdraws 1,420 ETH from OKX and stakes it on Lido, on-chain analyst says

NewsFeeds update

An address withdrew 1,420 ETH, worth $3.82m, from OKX over three hours at a withdrawal price of $2,692.47 and deposited it into Lido for staking, according to on-chain analyst Ai Yi.

EthereumOdailyAIBullish

Read the original on Odaily

The story so far: Large ETH holder accumulation

An address has been accumulating ETH, building a position with an average entry around $2,450. It has since added 9,000 ETH, cutting its average to $2,553.31, with 18,500.54 WETH deposited on Aave and $25m in stablecoins borrowed. The address, suspected to belong to Kanye West, pledged 18,500 WETH to borrow $25.0m…

  1. Address withdraws 1,420 ETH from OKX and stakes it on Lido, on-chain analyst says

    An address withdrew 1,420 ETH, worth $3.82m, from OKX over three hours at a withdrawal price of $2,692.47 and deposited it into Lido for staking, according to on-chain analyst Ai Yi.

    EthereumOdailyAIBullish

  2. Large ETH holder adds $3.36m, total purchases reach 2,656 ETH

    On-chain analyst Ai Yi reported that a large holder who opened an ETH position yesterday added $3.36m, withdrawing 1,236 ETH from OKX an hour ago. Cumulative purchases since yesterday total 2,656 ETH (about $7.18m) at an average price of $2,703.3…

    EthereumOdailyAIBullish

  3. Whale adds 3,288 ETH as ether falls, on-chain analyst says

    On-chain analyst Ai Yi says a whale withdrew 1,100 ETH from OKX at $2,516.77 about 20 hours earlier, worth roughly $2.77m, then added 2,188 ETH at $2,416.89 an hour before the report, worth about $5.29m, for an average price of $2,450 across 3,288 ETH.

    EthereumOdailyAIBullish

  4. Whale adds 9,000 ETH to long position, average falls to $2,553.31

    A whale that has been looping long ETH since late September added 9,000 ETH, cutting its average entry to $2,553.31, analyst Ai Yi said. It has deposited 18,500.54 WETH worth $45.5m on Aave and borrowed $25m in stablecoins, with a health score of 1.51.

    EthereumOdailyAIBullish

  5. Ai Yi says suspected Kanye West address pledges 18,500 WETH to borrow $25.0m

    Onchain analyst Ai Yi says an address suspected to belong to Kanye West pledged 18,500 WETH on Aave to borrow $25.0m in stablecoins, lifting its ETH long average to $2,553.31 after buying from $2,736.47 down to $2,460. It moved $5.0m USDC to another address.

    EthereumOdailyAIBearish

More Ethereum updates

  1. Three whale addresses withdraw 24,454 ETH worth $60.7m from Kraken and Binance

    EthereumOdailyAINeutral

  2. Spreek says Swell admin keys may be compromised, with 2,500 ETH at risk

    EthereumPANewsAIBearish

  3. Address withdraws 4,500 ETH worth $11.3m from Binance, Ai Yi says

    EthereumOdailyAIBearish

Every Ethereum update on NewsFeeds

Every update is a short rewrite, by AI in our own words, of a flash from the outlet named on it, credited and linked. Updates are joined into one story by AI; our editors can change a story’s name or take an update out. Not investment advice.