📈 **StETH Market Cap Update: Surpasses $30 Billion!** 🚀

📅 **Date:** Feb 26, 2024

💹 **Market Milestone:**
StETH achieves a significant milestone, with its market capitalization exceeding $30 billion.

🔝 **Ranking Position:**
StETH now ranks 6th in the overall cryptocurrency market cap, surpassing XRP. It follows BTC, ETH, USDT, BNB, and SOL.

📊 **Market Dynamics:**
The steady growth of StETH showcases its increasing prominence in the crypto space, impacting market dynamics.

🚀 **Crypto Rankings:**
- BTC
- ETH
- USDT
- BNB
- SOL
- StETH (6th)

📈 **Cryptocurrency Trends:**
Stay tuned to observe the influence of StETH's market cap surge on broader cryptocurrency trends.

#stETH #marketcap #CryptoRanking #BNB #Write2Earn

@UniLend Finance has integrated Chainlink Price Feeds to the V2 platform.

This integration will enable accurate price data for all tokens on the UniLendV2 platform like #ETH, #USDC, #USDT, #LINK and #stETH

🐋 A specific whale address (starting with 0x900) made a significant purchase, buying 5,189 stETH worth $11.55 million in just 90 minutes. This whale address had previously received stablecoin funds from an address associated with Sillytuna, the founder of YGG. 🚀💰 #CryptoWhaleWatch #stETH #CryptoInvestment

Within the last 30 minutes, the significant whale in question made another move to accumulate ETH, withdrawing 10.13K ETH ($30.55 million) from Binance.

Interestingly, the whale also withdrew $40 million USDT from #Binance , potentially indicating an intention to further accumulate ETH.

Current holdings:
91,320 #ETH ($267,239,210.40)
49,890,009 #USDT
5,491.30 #stETH ($16,478,311.46)

Address: 0x7a95f1554eA2E36ED297b70E70C8B45a33b53095

$ETH

In the last 12 hours, this significant whale has further accumulated 22,010 $ETH .
This accumulation was achieved by withdrawing 18.61K ETH from #Binance and exchanging #USDT for ETH through 1inch.

As a result, the whale's current holdings stand as follows:

154,594.14 #ETH ($455,718,115.67)
19,890,009 #USDT
5,492.86 #stETH ($16,161,429.33)

Address:👇
0x7a95f1554eA2E36ED297b70E70C8B45a33b53095.

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

#deUSD

The modular blockchain project #Elixir has introduced a synthetic USD asset named deUSD, designed to compete with #Ethena 's USDe.

deUSD maintains its value through arbitrage mechanisms and a yield-generating cash-and-carry trade, using #stETH as collateral while holding delta-neutral short positions in $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

After the market fell, the whale sold 8,174 #stETH ($27.8M), 5,500 wstETH ($20M) and 193 #WBTC ($12.13M) for 59.98M #USDC to pay off all the debts on #Aave .

The whale has no debt currently and holds 16,082 #ETH ($50.9M) & 550 WBTC ($35.5M).

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)