Hidden wallets related to ETH Foundation have participated in the top 2 projects in the Restaking segment after Ether.Fi

- 12 hours ago, ETH Foundation hidden wallet withdrew 20k $ETH ($73M) from Maker then deposited it into Renzo & Swell to participate in Restaking.

- To avoid being tracked, they transferred the above $ETH amount to the fresh wallet address before participating in the retake.

- Recently, this wallet address participated in a retake on ETHER.FI before LaunchPool on Binance.

Renzo & Swell's TVL (Total Value Locked) is currently in the top position in the Liquid Restaking segment.

- With the presence of the ETH Foundation, it shows that these two projects are not trivial.

- The upcoming Restaking wave will explode when it attracts many Whales holding large amounts of $ETH.

- Projects show that they are solving the liquidity problem and a few prominent names in the market such as Justin Sun, Abrxas Capital & ETH Foundation have also participated in staking.

- Maybe Renzo will be a project competing with ETHER.FI in this segment with Leads Investor Binance Labs.