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Large Investors unstake 7259 stETH trap 1148 million USDC
According to Gate.io News bot, a Large Investor unstaked and sold 7,259 stETH after holding for 2.2 years, exchanging it for 11.48 million USDC at an average price of 1,581 USD.
The large investor initially obtained 6,762 stETH by exchanging ETH and USDC worth $11.64 million. During the holding period, they earned staking rewards of 497 ETH but ultimately recorded a loss of about $158,000.