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Whale Unstakes $47M ETH from Mantle, Moves to Centralized Exchange
Gate News bot message, an Ethereum whale has made significant moves with their holdings. The wallet unstaked 10,564 ETH (valued at $46.55 million) from Mantle Official's staking platform after holding for 2 years. Subsequently, the whale transferred 10,819 ETH ($47.79 million) to a centralized exchange.
The analysis of the wallet history reveals that the whale initially acquired 11,088 ETH, worth $7.15 million, five years ago, recording gains exceeding $40 million on their initial investment.