Whale Stakes 10,000 ETH on CEX After $20.7M Profit — Monitor Unlocks

I see a whale moved over 10,000 ETH to a centralized exchange and staked it for 1.5 years after realizing more than $20.68 million in profit. That combination suggests both profit-taking and a decision to park funds rather than dump them immediately.

Staking on a CEX implies a longer-term intent but keeps the assets under exchange custody, which can be re-mobilized if the whale changes strategy. The realized profit raises the chance of future position rotation.

I regard this as a mixed signal: reduced short-term selling pressure from an immediate dump, but elevated liquidity and counterparty risk that warrants close monitoring of exchange flows and unlock dates.