A whale redeemed 4.44 million SUSHI from SushiSwap staking 30 minutes ago and transferred 1.98 million SUSHI to Bybit
According to on-chain analyst Yu Jin's monitoring, 30 minutes ago, a whale redeemed 4.44 million SUSHI from SushiSwap staking and then transferred 1.98 million SUSHI (worth $1.91 million) to Bybit.
This whale had withdrawn 4.4 million SUSHI from Bybit on October 28, 2023, at a price of $0.61 and deposited it into SushiSwap staking. The current redemption and transfer of 1.98 million SUSHI to the exchange at a price of $0.97 is expected to generate a profit of $710,000 (+59%).
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Teen’s Memecoin Turns $462 into $1M for a Crypto Investor
SEC Delays Decision on Franklin Templeton’s Bitcoin and Ethereum Index ETF
Is Ethereum Poised for a Comeback? Analysts See Potential Amid Underperformance
Bitcoin is inches away from cracking all-time high against gold
If gold remains steady today, a single move from bitcoin to $98,500 would do it