I reckon its funds unlocking their ETH to put into likes of BMNR and SBET, then selling to equity when unlocked for a quick 2-3x return due to premiums over NAV
Udi Wertheimer
Udi Wertheimer22.7. klo 05.23
there’s 350,000 eth queued up to unstake about $1.3 billion dollars last time that much eth was being unstaked it was in january 2024 following a 25% rally in eth/btc in a single week went down only from there
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