According to on-chain analyst Ember, a whale has cleared its holdings of 14,387 ETH (34.78 million USD) in the last 3 days, losing 12.55 million USD. He raised 14,384 ETH ($47.33M) from Binance at an average price of $3,290 during the 6/22-8/4 period and deposited the Lido pledge. Then the 8/5 market crash, which may have lost his confidence, he started redeeming ETH from Lido in batches and transferring it back to Binance on the evening of 8/5. An hour ago, the last 5,000 ETH was transferred to Binance.