A certain whale redeemed 4.44 million SUSHI from SushiSwap pledge 30 minutes ago and transferred 1.98 million SUSHI to CEX
Golden Finance reported that according to on-chain analyst Ember Monitoring, 30 minutes ago, the whale redeemed 4.44 million SUSHI from SushiSwap pledges, and then transferred 1.98 million SUSHI ($1.91 million) to Bybit. The whale withdrew 4.4 million SUSHI from Bybit at a price of $0.61 on October 28, 2023 and then deposited it into SushiSwap for staking. Today, 1.98 million SUSHI are redeemed and transferred to the exchange at a price of $0.97, and it is expected to achieve 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.
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Data: Hyperliquid platform whales currently hold $4.576 billions in positions, with a long-short ratio of 0.93