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This morning, a whale transferred 60k ETH to Coinbase, suspected to be DARMA Capital co-founder Andrew Keys.
Deep Tide TechFlow message, April 07, according to on-chain analyst Yu Jin ( @EmberCN ) monitoring, about 60k ETH (worth about $129 million) was transferred to Coinbase after being redeemed from Ethereum staking in recent days. This batch of ETH is believed to belong to Andrew Keys, co-founder of DARMA Capital, who in May 2021 distributed 90k ETH into Ethereum staking; during nearly 5 years of staking, he earned about 18% coin-denominated returns, totaling about 16k ETH, worth about $34.2 million.