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Summary EigenLayer's TVL increased from $250 million to $1.7 billion in just one month. The re-staking sector is witnessing extraordinary growth. However, it is important to note that, in comparison to the overall volume of LSD, the re-staking sector still has considerable room for growth. For users primarily holding ETH, depositing ETH in LSD protocols like Lido and then re-staking the acquired stETH to earn another profit presents a more advantageous strategy over the long term. Additionally, apart from the anticipated EigenLayer airdrop, projects like AltLayer will also airdrop their tokens to EigenLayer re-stakers. This could result in profits significantly surpassing initial expectations.
- 15:09A giant whale/institution sold all 11,486 ETH at an average price of $3,083 in the past half hourAs monitored by chain analyst Yu, a giant whale/institution borrowed 33 million USDC from Aave 10 days ago to buy 11,486 ETH at $2,873. after holding it for 10 days, he sold all of that ETH in the last half hour at an average price of $3,083, giving him a profit of $2.4 million, which he bought as a profit after paying back the loan into 26.6 WBTC.
- 15:08A smart money address spent 9.78 SOL lows to build a position in SCIHUB during the intraday stage, accumulating profits of $576,000According to the monitoring of chain analyst @ai_9684xtpa, a smart money address cvvhD spent 9.78 SOL ($2,151) to build a position of 42.79 million DeSi board donation concept coins, SCIHUB, at the low point of the inner trading phase, at a cost of only $0.00005035 (current price of $0.03685); and then sold when the market capitalization had not reached $10 million 75% of the position, leaving 10.73 million coins still floating at a profit of $380,000, for a cumulative profit of $576,000, a return of 25,759%.
- 15:04ai16z founder: is executing on promised 420 ai16z airdrops, will publish address list tomorrowOn November 17th, Shaw, founder of ai16z, posted on X: “We are executing on our promised 420 ai16z airdrops with many addresses, we are taking a day off today and will announce them tomorrow. The spreadsheet has been created and the team is manually recording it.