A Whale Unstakes and Sells 7,259 stETH, Approximately $11.48 Million
According to monitoring by Onchain Lens, a whale unstaked 7,259 stETH after 2.2 years and sold them for 11.48 million USDC at an average price of $1,581.
This whale initially exchanged $11.64 million worth of ETH and USDC to obtain 6,762 stETH and received a staking reward of 497 ETH during the staking period, but still incurred an overall loss of approximately $158,000.
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