Due to the long redemption queue, a whale sold 4242.4 stETH at a discount, losing $50,500

According to Lookonchain monitoring, given that a total of 893,599 ETH (worth $3.96 billion) is currently waiting for redemption, whale 0x2aC9 directly converted 4,242.4 stETH into 4,231 ETH (worth $18.74 million) and deposited it on Kraken for sale, losing 11.4 ETH (worth $50,500).