A whale transferred 12,506 ETH worth $32.58 million to Bybit 6 hours ago
According to on-chain analyst Ember, six hours ago, a whale ended 15 months of re-staking mining and then transferred 12,506 ETH ($32.58 million) to Bybit.
He gained up to $19.43 million through airdrops and ETH appreciation
The address is to raise 11,987 stETH ($22.8M) from Bybit at an average price of $1,902 in July-August 2023, and then deposit it into re-staking platforms such as EigenLayer/Puffer/Zircuit to earn airdrops.
Today, he ended his 15-month re-pledge mining to redeem the ETH and transfer it all to Bybit.
He has earned a total of $19.43M in the past 15 months (it will actually be higher because Zircuit has not yet launched an airdrop):
1⃣ Airdrop Earnings ($9.65M): 2.667 million EIGEN + 845,000 PUFFER;
2⃣ ETH Rising Gain ($8.42M): $1,902 → $2605;
3⃣ pledge yield ($1.36M): 519 ETH.