After a month of inactivity, a major whale withdrew nearly 12,000 ETH from Coinbase and used it for staking.

CoinFeed reported on March 26 that, according to Onchain Lens monitoring, after a month of inactivity, a whale withdrew 11,999 ETH (worth $26 million) from Coinbase and used it for staking. Currently, the whale holds 22,618 ETH ($49 million), making a profit of $1.2 million.