A whale deposited 2,680 ETH into Kraken, expected to lose $255,000

On May 2, according to Onchain Lens monitoring, a whale deposited the last 2,680 ETH (worth $4.93 million) into Kraken after pledging for two years, but still faces a loss of about $255,000. The whale initially pledged 4,889 ETH (worth $9.14 million) and received a reward of 291 ETH. A total of 5,180 ETH ($8.88 million) was returned, resulting in a net loss.