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[A Whale Staking ETH Loses Approximately $4.66 Million in Principal Over 3.5 Months] On-chain analysis shows that a whale withdrew 4,000 ETH from Binance in early August and deposited it into Lido for staking. After 3.5 months, the whale redeemed 4,031 ETH and transferred it to Kraken, earning 31 ETH (approximately $80,000) in staking rewards during the period. However, due to the price of ETH dropping from $3,905 to $2,682, the whale's principal loss amounted to approximately $4.66 million.