Ethereum Whale Unstakes 10,564 ETH, Secures $20.6M Profit After 18 Month
A big Ethereum (ETH) whale has made headlines after unstaking 10,564 ETH through the Mantle liquid staking protocol...
Quick overview
- An Ethereum whale unstaked 10,564 ETH after an 18-month lock-up, realizing a profit of $20.68 million.
- The transfer to Kraken raised concerns about potential sell pressure on Ethereum's liquidity and price.
- This transaction illustrates the varying strategies among Ethereum holders, balancing between staking for yields and profit realization.
- Despite the large withdrawal, Ethereum's market showed resilience, indicating investor confidence in its long-term fundamentals.
A big Ethereum (ETH) whale has made headlines after unstaking 10,564 ETH through the Mantle liquid staking protocol, ending an 18 month lock-up. The investor transferred a total of 10,819 ETH (including 564 ETH in staking rewards) to cryptocurrency exchange Kraken. With ETH going from $2,586 to $4,655 during the staking period, the whale made a realized profit of $20.68 million.
This transaction shows the benefits of long term staking strategies. By locking up a large amount of ETH the whale earned rewards and benefited from price appreciation, showing how patient capital deployment can generate big gains in the crypto space.
Short Term Market Implications
The whale moving funds to Kraken has sparked debate about the impact on Ethereum’s liquidity and short term price. A transfer of this size increases the exchange’s ETH supply and could add sell pressure if the tokens are liquidated.
🐳 Whale moves 10,819 $ETH (~$47.79M) to #Kraken after redeeming 10,564 ETH from liquid staking over 1.5 years. ETH value grew by $18.2M, plus $2.48M in staking interest. #Crypto #Ethereum #WhaleAlert
— Real Time Web3 Insights (@RealTimeWeb3Ins) August 17, 2025
- Staked ETH withdrawn: 10,564 ETH
- Staking rewards earned: 564 ETH
- Total transferred to Kraken: 10,819 ETH
- Profit realized: $20.68 million
The immediate effect on ETH’s price was muted but on-chain analysts warn that large inflows to exchanges often mean selling. ETH is currently trading between $2,500 and $3,000 with analysts pointing to $3,200 as the breakout level for bullish momentum.
Broader Market Takeaways
This move shows that different strategies are being employed by Ethereum’s largest holders. Some whales are staking ETH for steady yields while others like this investor are prioritizing profit realization and portfolio rebalancing. Unstaking after an extended holding period is a calculated balance between capital preservation and market timing.
For the broader Ethereum ecosystem this transaction highlights the importance of monitoring whale activity. Large on-chain movements are sentiment indicators and shape how traders and institutional investors react to market conditions.
Despite the size of this withdrawal Ethereum’s market absorbed the liquidity injection without much volatility – showing investor confidence in the long term fundamentals.
As Ethereum continues to mature, tracking staking inflows, whale transfers and exchange balances will be key to understanding price trends and market psychology.
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