#LiquidStaking is a mechanism that tokenizes staked assets, offering enhanced liquidity and flexibility compared to traditional staking methods.
This allows users to stake their assets (e.g., $ETH ) and receive liquid staking tokens (e.g., #stETH ) in return, which can be used in decentralized finance (DeFi) applications while still earning staking rewards. This solves the liquidity issue in traditional staking, where assets are locked for a period, making it more attractive for users who want to participate in staking without sacrificing access to their funds.
Key Benefits:
- Enhanced utility: Users can earn rewards while utilizing their staked assets in DeFi.
- Reduced opportunity cost: Liquidity is maintained, allowing users to engage in trading or other opportunities.
- Crypto adoption: Supports network growth and broadens participation by offering greater flexibility.
Challenges:
- Slashing risk: If a validator misbehaves, users may lose a portion of their staked assets.
- Centralization concerns: If too many tokens are staked on a single protocol, it could harm decentralization.
- Regulatory uncertainty: Legal frameworks for DeFi and staking vary and are still evolving.
Liquid staking is distinct from liquid restaking, which extends the concept to securing external systems like oracles and rollups, providing broader security benefits. Examples of liquid staking platforms include Lido, Cardano, and Rocket Pool, while liquid restaking includes projects like eigenLayer.
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Date: 13/11/2024
Top Smart Money Inflow.
#eyeonchain
#stETH $324.471M
#WLD $20.562M
#RETH $1.121M

In an intriguing turn of events, a significant investor made substantial moves in the $ETH market, anticipating a rise in its price. Here's a breakdown of their recent activity:

The whale withdrew 100 million USDT from #Binance and allocated 60 million USDT to purchase 21,353 ETH at a rate of $2,810 per ETH.
Subsequently, the investor withdrew 10,649 ETH (equivalent to $30.68 million) from Binance.

Since February 8, the whale has accumulated a total of 52,759 ETH ($145.4 million) from both centralized exchanges (CEX) and decentralized exchanges (DEX).

As of now, their holdings include
51,663 #ETH ($149,531,909.94),
40,000,010 #USDT ($39,977,609.99), and
5,490 #stETH ($15,860,132.74).

Here is the address: 👇
0x7a95f1554ea2e36ed297b70e70c8b45a33b53095

#stETH is pumping hard. Here we will see a little break.

Wait!!
#stETH

Once more, the entity identified as "0X7A9" executed a withdrawal of 13.78K $ETH (equivalent to $40.73 million) from the Binance platform approximately 18 hours prior to this update.

Consequently, the whale's current asset portfolio comprises the following holdings:👇

168,374.31 #ETH ($509,364,853)
19,890,009 #USDT
5,493.38 #stETH ($16,576,230)

The corresponding address for this entity is: 👇
0x7a95f1554eA2E36ED297b70E70C8B45a33b53095.

#EthereumWhales #Ethereum

Whale Investor Loans 129 Million #USDT to Buy #USDC

Whale wallet, entrusted $129 million of #stETH and #ETH to #Aave to buy USDC. A total of 28,577,700 USDT was borrowed and 29,961,238 USDC was purchased. The wallet will profit $1.3 million if USDC's peg is restored.

A "Stupid Money" deposited 4,274 #ETH ($6.85M) to #Binance 7 hrs ago to stop more losses, losing ~$5.24M.

He/she accumulated 4,892 #Ethereum ($13.84M) at ~$2,830 in 2022.

During stETH/ETH decoupling, he/she panicked and swapped 3,705 #stETH for 3,536 $ETH , with a loss of 169 $ETH

#stETH is at $2,538, down 4%. It's struggling to regain its former high of $4,651. Will it bounce back or keep falling? Support is at $2,500, resistance at $2,600. Let's see what happens next! 😉
#stETH #Write2Earn! #Saminakhan #MarketDownturn

Nudge is launching a new decentralized finance (DeFi) protocol on Ethereum designed to unlock the economic value hidden in users’ wallets, it told Cointelegraph on Aug. 15.

The goal is to create a two-sided marketplace where Web3 protocols pay incentives to users — or “Nudges” — for directing onchain assets, liquidity and engagement.

Nudge will launch a new DeFi primitive called “Re:allocation Value” that represents the economic value of users’ onchain activity, according to the company.

“Users can extract a significant amount of this value by getting paid or ‘Incentivized’ by the protocol to reallocate these scarce items onchain,” Nudge said in a statement shared with Cointelegraph.

Related: Airdrop token prices crash — Does Web3 need a new model?

Nudge’s programmable smart contracts allow participating protocols to create “sophisticated eligibility and payout criteria” for incentive programs, it said.

“One significant use case is asset nudges, where users can earn rewards by reallocating their holdings—stablecoins, memecoins, or governance tokens—among competing ecosystems,” the statement said.

Other use cases include “liquidity nudges,” where users increase their returns by reallocating their staked Ether (stETH) or liquidity to the highest bidder, and “activity nudges,” where protocols pay users to redirect engagement.

#web3 #ETH #stETH #Nudge #Defi

Crazy buying of #AAVE

This whale spent 4,000 #stETH ($10.4M) to buy 77,270 AAVE at $135 in just 1 day #MtGoxRepayments #BinanceLaunchpoolDOGS

Whales are still buying #AAVE

0xa923 spent 2,575 #stETH ($6.65M) to buy 50,908 AAVE at $131 in the past 7 hours.

0x0945 spent 563 #ETH ($1.45M) to buy 11,101 AAVE at $130 5 hours ago. #Ethereum

A whale is selling 19,000 #ETH ($49.17M)

This whale requested a withdrawal of 30,007 #stETH ($78.67M) 4 days ago and claimed 19,000 #Ethereum ($49.17M) 30 minutes ago.

And the whale is depositing the 19,000 ETH ($49.17M) to #Coinbase to sell

STETH is at $2,832, down 5% in 24 hours. It's 39% off its all-time high. Here's my take:

- Short-term: Might bounce to $3,000 or drop to $2,500.
- Mid-term: Could retest $3,500 or fall to $2,000.
- Long-term: Has potential to hit $4,651 again if market sentiment improves.

Remember, crypto is unpredictable, so always do your own research!

#Write2Earn! #stETH

A trader or whale identified as "0x3D0" withdrew 7,300 ETH (valued at $21.15 million) from Coinbase approximately 25 minutes ago at a price of $2,897.76 per #ETH .

The entirety of this withdrawn ETH was promptly staked on #LIDO .

Consequently, the wallet now holds 7,300 #stETH tokens. ( Staked Ether (stETH) is a cryptocurrency token that represents Ethereum tokens staked or deposited to support blockchain operations.)

Address: 👇
0x3d0b4fe79cd4c00ef20567bbf059f7a15350b560

$ETH

Once again, the whale at address 0x7a95f1554ea2e36ed297b70e70c8b45a33b53095 continues to accumulate more $ETH .

As of the latest data available, the whale now holds:

74,382 #ETH (valued at approximately $217,634,093.28)
29,900,016 #USDT
5,490 #stETH (valued at approximately $16,008,645.62)

The significant whale in question allocated an additional $10.01 million USDT to purchase 3,413 ETH at an approximate rate of $2,933 around 9 hours ago. With holdings still standing at 19.89 million USDT, it's likely the whale will continue to swap these funds for more ETH.

Current holdings:
77,795 #ETH ($233,596,401.96)
19,890,016 #USDT
5,491.30 #stETH ($16,478,311.46)

Address: 0x7a95f1554eA2E36ED297b70E70C8B45a33b53095

$ETH

UniLend V2 has now integrated Chainlink Price Feeds 🎉

⛓️Chainlink is the decentralized computing platform powering the verifiable web. It is a decentralized oracle network that provides real-world data to smart contracts on the blockchain.

📊UniLend will utilize Chainlink price feeds of #ETH #usdc #USDT #LINK #stETH on Ethereum chain to ensure accurate price data for our lending and borrowing functionalities.

✨This is a major advancement towards fortifying our protocol's reliability & robustness.

$UFT

It appears that the whale with the address "0x7A9" has once again made a significant transaction involving #Ethereum (ETH).

This time, they withdrew 7.91K $ETH ($23.63 million) from #Binance approximately 13 hours ago, at a rate of $2985.87 per ETH.

Their current holdings are as follows:
132,584.67 #ETH ($391,330,246.13)
29,890,009 #USDT
5,492.34 #stETH ($16,204,790.77)

Address: 0x7a95f1554ea2e36ed297b70e70c8b45a33b53095

This whale continues to make notable moves in the crypto space, indicating significant activity and investment.

🚀 Whale Watch! Massive Crypto Influx in 4 Hours! 💰🐋

🌐 In a Whirlwind Move:

Received 35,000,000 #USDT ($35.01M)
Acquired 5,000 #stETH ($11.24M)
Secured 600,000 $LINK ($9.57M)
Grabbed 3,000,000 $DYDX ($9.65M)

🔗 Whale's Playground: Explore The Wallet👇
0xee5b5b923ffce93a870b3104b7ca09c3db80047a

📊 Magnitude of Wealth: A jaw-dropping crypto cocktail, totaling a staggering $65.47 million, landed in this whale's wallet.

📈 Crypto Powerhouse: This whale's moves are making waves. Watch closely for potential market shifts and trends.

#cryptocurrency
👀 Stay Vigilant, Stay Informed! 🌊📈