On-chain analyst Ai Yi says a large restaking address (0x924...a2BB0) has redeemed 7,500 ETH over the past three days and appears to have sold it. Since 5 Nov the address has redeemed more than $17.1m of ETH from Ether.fi and deposited it to Binance, while still staking 1,483.94 ETH on Kelp DAO.
Large restaking holder redeems 7,500 ETH and sends it to Binance, Ai Yi says
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