Three Addresses Redeem Lido and Eigenlayer Assets, Move $21.6M in ETH to Binance
Recent whale transactions include large ETH transfers and a $35.75 million ZEC deposit to Binance, highlighting notable asset movements across major exchanges.
ETH
ZEC
EIGEN
Summary
Three blockchain addresses linked by transaction history redeemed assets from Lido and Eigenlayer, converting them into 7,653 ETH valued at $21.62 million and depositing them to Binance. A separate whale who bought 8,550 ETH at $2,991 sent 3,000 ETH worth about $8.93 million to Binance at a $43,000 realized loss. The address still holds 5,550 ETH from last week's accumulation and a total 22,981 ETH balance with a $46,000 floating loss. Additionally, on Jan. 3, another whale moved 74,002 ZEC, valued at approximately $35.75 million, to Binance.
Terms & Concepts
- Lido: An Ethereum staking platform allowing users to stake ETH while maintaining liquidity via stETH tokens.
- Eigenlayer: An Ethereum restaking protocol that enables users to reuse staked ETH to secure additional services and earn rewards.
- Binance: A global cryptocurrency exchange offering spot and derivatives trading for digital assets.