According to @ai_9684xtpa, the current wave of ETH unstaking has seen some institutions begin receiving queued ETH redemptions. An address suspected to belong to Anchorage Digital received 8,052 ETH from Lido redemption 11 hours ago, valued at $30.25 million. Notably, 7,575.98 ETH was originally withdrawn from Coinbase and staked in August 2023 when ETH was priced at $1,672.79. Traders should monitor potential sell pressure from these institutional redemptions, which could impact Ethereum (ETH) market dynamics. Source: @ai_9684xtpa.