🚀 Ethereum Whale Sells Over 5,000 Tokens To Avoid Liquidation
#Ethereum #whale #liquidation #wstETH #stETH #BlockBeats #crypto #USDT
According to BlockBeats, on September 7, on-chain data analyst @ai_9684xtpa reported that a significant Ethereum whale with an address starting with 0x1dF sold 5,178 wstETH and stETH tokens in the past four hours to avoid liquidation. The total value of the sold tokens is approximately $12.84 million, with an average selling price of $2,481 per token.
Currently, the address still holds 24,651 stETH tokens as collateral and has borrowed 30.91 million USDT. The health factor of the account stands at 1.44. If the price of Ethereum drops to $1,823, it will trigger liquidation.#Ethereum #whale #liquidation #wstETH #stETH #BlockBeats #crypto #USDT
🚀 Lido Institutional Announces Wintermute Support For stETH Collateral
#Lido #Wintermute #stETH #collateral #trading #institutions
According to Odaily, Lido Institutional has announced that Wintermute will now support stETH as collateral. This development allows stETH to be used as collateral in Wintermute's over-the-counter trading, enabling institutions to maximize their assets and enhance trading efficiency.#Lido #Wintermute #stETH #collateral #trading #institutions
🚀 User Loses $163,900 in stETH Due to Phishing Attack
#PhishingAttack #stETH #CryptocurrencyScam #Odaily #ScamSniffer
According to Odaily, approximately four hours ago, a user lost 64 stETH, valued at around $163,900, due to a phishing attack involving a 'permit' signature. The incident was detected by Scam Sniffer.#PhishingAttack #stETH #CryptocurrencyScam #Odaily #ScamSniffer
🚀 Fireblocks Integrates Lido To Support Ethereum Staking
#Fireblocks #Lido #Ethereum #Staking #LiquidStaking #stETH
According to Odaily, Lido Institutional has announced that Fireblocks has integrated Lido into its platform. This integration will enable users to access Lido's liquid staking protocol and stETH tokens within the Fireblocks platform. Users can now utilize Lido's Ethereum liquid staking middleware to stake their ETH.#Fireblocks #Lido #Ethereum #Staking #LiquidStaking #stETH
🚀 Lido Staking Data Shows Slight Increase in TVL and stETH Rate
#Lido #Staking #TVL #stETH #ETH #Crypto #DeFi #Blockchain
According to Odaily, Lido released its staking data for the past week, covering October 7 to October 14. The data indicates a slight increase in the Total Value Locked (TVL) due to the rise in ETH prices, with TVL increasing by 0.58% to reach $24.1 billion. The net amount of ETH unstaked through Lido decreased by 0.62%, totaling 52,128 ETH. Additionally, the 7-day stETH rate rose by 19 basis points, reaching 3.17%.
The trading volume for stETH over the past week was $863.09 million, marking a 2.11% increase compared to the previous week. The amount of wstETH bridged also saw growth, increasing by 4.80% to reach 208,043 wstETH.#Lido #Staking #TVL #stETH #ETH #Crypto #DeFi #Blockchain
🚀 Whale Sells stETH After 2.2 Years, Faces Loss Despite USDC Gain
#Whale #stETH #USDC #Cryptocurrency #Loss #Investment
According to Odaily, Onchain Lens has reported that a whale has unstaked and sold 7,259 stETH after holding them for 2.2 years. The sale was executed at an average price of $1,581, resulting in a gain of 11.48 million USDC. Despite this transaction, the whale is facing a loss of approximately $158,000.#Whale #stETH #USDC #Cryptocurrency #Loss #Investment
🚀 Aave Platform Sees Surge in ETH Withdrawal, Impacting Borrowing Rates
#Aave #ETH #borrowingrates #unstaking #Lido #APR #deposits #leverage #stETH #onchain
According to Foresight News, an analysis by X blogger darkpool suggests that the mass unstaking of 620,000 ETH may be linked to significant withdrawals from the Aave platform, which have caused borrowing rates to spike. The rapid withdrawal of ETH deposits from Aave led to a sharp increase in borrowing rates, forcing leveraged players to redeem stETH to reduce their leverage. This situation resulted in Aave's ETH borrowing annual percentage rate (APR) soaring to 10% at one point.
Additionally, the exit waiting period for Lido stETH has now extended to 21 days, whereas it typically takes less than a week. On-chain exchanges of stETH for ETH are currently facing a discount of nearly 0.4%.#Aave #ETH #borrowingrates #unstaking #Lido #APR #deposits #leverage #stETH #onchain
🚀 Lido Addresses Security Vulnerability Without Impact on Users
#Lido #Security #Vulnerability #Blockchain #Crypto #stETH #whitehat #oracle #DAO #Immunefi #LDO
According to PANews, Lido has announced on the X platform that it has reported and resolved a security vulnerability related to Lido CSM and the permissionless validator contract used for validator withdrawals. The vulnerability was not exploited, and no CSM node operators or stETH holders were affected. As part of the resolution, a mitigation strategy through an oracle solution, which involved disabling the bond destruction feature, was implemented alongside DAO vote proposal number 190. Lido has rewarded the white-hat hacker who disclosed the issue through the Lido×Immunefi project with a bounty.#Lido #Security #Vulnerability #Blockchain #Crypto #stETH #whitehat #oracle #DAO #Immunefi #LDO
🚀 stETH Withdrawal from Lido and Figment's Market Share Growth
#stETH #Lido #Figment #marketshare #lendingprotocols #ETFs #collateral #liquidation #wstETH #highrisk
According to BlockBeats, Jlabs Digital analyst Ben Lilly has highlighted that stETH is currently being withdrawn from Lido. Meanwhile, another lending protocol, Figment, is gaining market share from Lido, suggesting that Figment might be a staking partner for ETFs. Currently, 32% of stETH (wstETH) is used as collateral in lending protocols, and any decoupling could lead to liquidation within these protocols.
Notably, 278,000 wstETH are currently in a "high-risk" state, defined as having a health factor between 1 and 1.1 times.#stETH #Lido #Figment #marketshare #lendingprotocols #ETFs #collateral #liquidation #wstETH #highrisk
🚀 Large AAVE Token Sale Causes Significant Price Drop
#AAVE #TokenSale #WhaleSellOff #PriceDrop #ChainCatcher #OnchainLens #stETH #WBTC #Crypto #Cryptocurrency #MarketAnalysis
According to ChainCatcher, Onchain Lens has reported that a major whale has sold all 230,350 AAVE tokens within the past three hours. The sale was exchanged for 5,869.46 stETH and 227.8 WBTC, with a total estimated value of approximately $37.59 million. This substantial sell-off has resulted in a roughly 10% decline in the price of AAVE.#AAVE #TokenSale #WhaleSellOff #PriceDrop #ChainCatcher #OnchainLens #stETH #WBTC #Crypto #Cryptocurrency #MarketAnalysis
🚀 Bhutan's Sovereign Wealth Fund Reduces Ethereum Holdings
#Bhutan #SovereignWealthFund #Ethereum #DrukHoldings #Aave #stETH #Crypto #Blockchain #ETH #USDT #Leverage
On February 2, on-chain data revealed that an address linked to Bhutan's sovereign wealth fund, Druk Holdings, reduced its Ethereum holdings by 26,535 ETH within the past 24 hours. According to BlockBeats, the Aave account associated with this address currently has a health rate of 1.17 and holds 51,710.6793 stETH, with an outstanding loan of 79.75 million USDT.
On January 20, the address linked to Druk Holdings had leveraged a long position on Ethereum. At its peak, this leveraged position held approximately 117,000 ETH.#Bhutan #SovereignWealthFund #Ethereum #DrukHoldings #Aave #stETH #Crypto #Blockchain #ETH #USDT #Leverage
🚀 Justin Sun's Ethereum Holdings: Profit or Loss?
#JustinSun #Ethereum #ETH #Crypto #Blockchain #Investment #Profit #Loss #stETH
Analyst @ai_9684xtpa posted on X that while the community is focused on the Ethereum holdings of figures like Garrett and Bitmine, it's important not to overlook Justin Sun's position. Sun, a well-known Ethereum advocate, currently holds 156,514 stETH, valued at $330 million, according to his publicly disclosed blockchain address. This places him fifth among institutions with significant ETH holdings, as reported by strategicethreserve.
The question arises: Is Sun's Ethereum investment currently profitable or at a loss? Despite a current unrealized loss of over $25.83 million, Sun's strategic buying and selling of ETH over the past three years have reportedly yielded an estimated profit of nearly $200 million.#JustinSun #Ethereum #ETH #Crypto #Blockchain #Investment #Profit #Loss #stETH
🚀 Lido DAO Proposes $20 Million LDO Buyback Amid Undervaluation Concerns
#LidoDAO #LDO #Buyback #Cryptocurrency #StETH #TokenUndervaluation #Blockchain #CryptoNews
Lido DAO has put forward a proposal for a one-time buyback of $20 million worth of its governance token, LDO, by exchanging 10,000 stETH from its treasury. According to NS3.AI, the initiative aims to address the perceived undervaluation of the token. The buyback plan is structured to occur in batches of 1,000 stETH, with each batch necessitating approval from tokenholders and post-trade reporting before proceeding with further execution.#LidoDAO #LDO #Buyback #Cryptocurrency #StETH #TokenUndervaluation #Blockchain #CryptoNews