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

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

In the past 15 months, the total income has reached 19.43 million US dollars (Zircuit has not yet issued an airdrop):

  • Airdrop income (US$9.65 million): 2.667 million EIGEN + 845,000 PUFFER;

  • ETH upside gains ($8.42 million): $1,902 to $2,605

  • Staking income ($1.36 million): 519 ETH

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