According to Lookonchain, the whale address 0x2e80 has again withdrawn 19,000 ETH from Gemini, valued at approximately $35.44 million, and has completed staking. Over the past three weeks, this address has cumulatively withdrawn 112,000 ETH from Gemini, totaling approximately $208 million, all of which has been staked.
Whale address withdraws 19,000 ETH from Gemini for staking
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Summary
ETH news: A whale address (0x2e80) withdrew 19,000 ETH ($35.44 million) from Gemini for staking. Over the past three weeks, the address has transferred 112,000 ETH ($208 million) from the exchange, all directed toward staking. ETH update: This activity reflects a large-scale shift in capital allocation.
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