A whale in the cryptocurrency market made nearly $20 million in 15 months through a series of sophisticated operations through re-staking mining and airdrop arbitrage strategies. His operation is amazing.

Just 6 hours ago, the investor ended the 15-month re-staking mining and transferred all 12,506 ETH (worth about $32.58 million) back to the Bybit exchange. This transfer is not a simple flow of funds, but a carefully planned wealth growth operation.

The story began in July and August 2023, when the whale withdrew 11,987 stETH from Bybit at an average price of $1,902, with a total value of about $22.8 million.

He then deposited these stETH into re-staking platforms such as EigenLayer, Puffer, and Zircuit in order to obtain airdrop rewards. In 15 months, he not only received 2.667 million EIGEN and 845,000 PUFFER airdrop rewards (worth about $9.65 million), but also earned an additional $8.42 million due to the rise in ETH prices (from $1,902 to $2,605). Together with the 519 ETH (worth about $1.36 million) from staking, the total income reached an astonishing $19.43 million.

Now, this whale has transferred all the redeemed ETH back to Bybit. We don’t know whether it is ready to meet the next wave of the crypto market boom. But what is certain is that he played this wealth game through the strategy of "re-staking + airdrop + ETH appreciation" and demonstrated his outstanding investment wisdom.

The wealth operation of this whale is undoubtedly impressive, and his story also inspires people's imagination of the infinite possibilities of the cryptocurrency market.