A whale ended 15 months of re-staking mining and transferred 12,506 ETH to Bybit, earning $19.43 million through airdrops and ETH appreciation

BlockBeats news, on October 18, according to the monitoring of on-chain analyst Yu Jin, 6 hours ago, a whale ended 15 months of re-staking mining and transferred 12,506 ETH (32.58 million US dollars) to Bybit, earning up to 19.43 million US dollars through airdrops and ETH appreciation

This address withdrew 11,987 stETH (22.8 million US dollars) from Bybit at an average price of 1,902 US dollars from July to August 2023, and then deposited it into re-staking platforms such as EigenLayer/Puffer/Zircuit to earn airdrops. Today, 15 months of re-staking mining ended, ETH was redeemed and all transferred to Bybit.

In the past 15 months, a total income of $19.43 million has been obtained (Zircuit has not yet issued an airdrop): · Airdrop income (US$9.65 million): 2.667 million EIGEN + 845,000 PUFFER; · ETH appreciation income (US$8.42 million): US$1,902→US$2,605; · Staking income (US$1.36 million): 519 ETH.