Whale Addresses Transfer Nearly $100M in ETH and BTC to Manta Network for CeDeFi Participation

On-chain data reveals that two whale addresses, ending in 937Be1 and e088c9, have transferred nearly $100 million worth of ETH and BTC to the Manta Pacific network to participate in Manta CeDeFi products.
These products, launched by Manta Network, offer real crypto-denominated returns through Ceffu MirrorX technology, allowing users to earn institutional CeFi returns and funding rate arbitrage profits. Manta CeDeFi unlocks CeFi solutions typically reserved for exchange VIPs. Currently, the crypto-denominated APY stands at 5.6% for BTC and ETH, and 17.5% for USDT and USDC.