redeem

According to on-chain analyst Yu Jin's monitoring, the exchange Kraken redeemed 50,600 ETH (107 million USD) from the restaking project EigenCloud. The total TVL of the restaking sector has dropped from 31 billion USD in August last year to 11 billion USD, and the TVL of the leading EigenCloud (formerly Eigenlayer) has decreased from 22 billion USD to 5.5 billion USD.

According to on-chain analyst Yu Jin's monitoring, a certain address has just applied to redeem 892,000 HYPE on the HyperEVM chain, worth $55.09 million; the redemption takes 7 days and is expected to be completed next Thursday evening. After the redemption is successful, it may continue to transfer to Hyperliquid for profit-taking sales.

According to the official announcement, the second phase of the Gate contract points lottery has officially started, with two major prize pools set up.Among them, users holding Gate contract points ≥50 can consume 20 points to participate in the 20 GUSD lottery, with a total of 5,000 winning spots; users holding points ≥40 can consume 20 points to receive a 100 USDT position experience voucher, with a total of 3,000 spots available.In addition, participants must upgrade the Gate App to version 8.18.0 or above to participate, and the web version is also open. The GUSD lottery time is from May 15, 18:00 to May 18, 18:00 (UTC+8), and the voucher prize pool redemption time is from May 18, 18:00 to 23:59 (UTC+8). Rewards are expected to be distributed to user accounts within 1 hour after the event ends.

According to on-chain analyst Yu Jin (@EmberCN), the suspected investment fund address gammafund.eth redeemed 5,555 ETH from ether.fi about 6 hours ago, worth approximately $12.53 million, and transferred it to Binance.This address previously purchased 11,215 ETH at a price of about $1,999 each in March this year, totaling approximately $22.42 million; based on the cost corresponding to this transfer, it has an unrealized profit of about $2.87 million. Additionally, this address currently has about 5,500 ETH still in the redemption application, which may be completed next week.

According to Onchain Lens monitoring, the Ethereum Foundation redeemed 21,271 ETH from the Lido stETH withdrawal contract, worth approximately 49.66 million USD.

The GnosisDAO community has released a proposal to "allow GNO holders to proportionally redeem their entitled treasury shares." The proposal aims to allow GNO holders to exchange their tokens for a proportionate share allocated from the GnosisDAO treasury. Non-participants will retain their GNO and continue to enjoy all economic rights brought by the ongoing operations of the DAO, with liquidity and semi-liquid treasury assets distributed based on net asset value.Illiquid off-chain investments and enterprise value will be handled through the synthetic gLTD-CLAIM, which grants participants a fixed proportion of future dividends from the aforementioned asset pool once the capital deployed by the DAO exceeds the principal recovery threshold after redemption. The redeemed GNO will be burned, thereby permanently reducing the effective circulating supply.As of the time of publication, the current opposition rate for this proposal is 64.81%.

According to on-chain analyst Yu Jin's monitoring, in the past half hour, a SOL staking whale redeemed all 300,000 SOL (26.07 million USD) from staking and then transferred it to Binance.

According to on-chain analyst @ai_9684xtpa, Sun Yuchen redeemed 53,665 ETH from Aave 5 hours ago, worth $126 million, and this portion of ETH is still in the wallet and has not been transferred.

Resolv releases the latest progress on the hacking incident. In the past two days, the pre-liquidation USR wallet has redeemed over 77 million USD, accounting for more than 90% of the total amount for that group. Significant progress has been made in the first phase of recovery work.Currently, the redemption process for this group is actively being completed, and subsequent phases of work will also be carried out to cover the remaining user group.

According to Lookonchain monitoring, the whale address 0xffe6 unstaked 665,035 HYPE (worth 14.23 million USD) and deposited it into Bybit.Subsequently, he withdrew the 665,035 HYPE from Bybit to another wallet (0x471b) and sold it at an average price of 21.27 USD, exchanging it for 14.14 million USDC.

On-chain analyst Yu Jin monitoring indicates that FTX/Alameda redeemed 194,800 SOL (25.52 million USD) from staking, and then distributed it to 26 addresses 4 hours ago. Most of these addresses that received SOL will subsequently transfer the SOL to Coinbase or Binance.Since 2023, FTX/Alameda's staking address has cumulatively redeemed and transferred out 9.562 million SOL (1.298 billion USD) through this method, with an average transfer price of 135.8 USD. Currently, FTX/Alameda's staking address still has 4.07 million SOL (555 million USD) staked.

ETHZilla announced that it plans to complete the early redemption of a total of $516 million of convertible bonds maturing in 2028 by December 30, with a redemption price of 117% of the face value, along with the payment of accrued interest. The company will utilize restricted cash held as collateral to support this redemption and has signed relevant agreements with bondholders.ETHZilla stated that this move aims to simplify its capital structure and enhance financial flexibility, in line with its recent business advancements in on-chain asset tokenization, including the previously disclosed deployments and investments related to Karus and Zippy.

According to Onchain Lens monitoring, a whale/institution redeemed 9,026 ETH (worth $31.05 million) and deposited 7,665 ETH (worth $26.37 million) into OKX and Bybit.The wallet was previously labeled as #SharpLink, but #SharpLink denies any association with it.

FTX/Alameda redeemed 193,800 SOL (worth $30.69 million) from the staking address and then distributed it to 28 addresses three hours ago. Most of the addresses that received SOL will subsequently transfer the SOL to Coinbase or Binance.Since 2023, FTX/Alameda's staking address has cumulatively redeemed and transferred out 9.367 million SOL ($1.27 billion) in this manner, with an average transfer price of $135.8. Currently, FTX/Alameda's staking address still has 4.048 million SOL ($620 million) staked.

ChainCatcher news, according to crypto analyst Yu Jin @EmberCN's monitoring, FTX/Alameda redeemed 192,900 Solana (SOL) from staking 4 hours ago, worth approximately 39.41 million dollars, and distributed it to 28 addresses. Most of these addresses subsequently transferred the tokens to Coinbase or Binance.Since November 2023, FTX/Alameda's staking addresses have cumulatively redeemed and transferred out approximately 9.173 million SOL (about 1.85 billion dollars), with an average transfer price of about 135 dollars. Currently, there are still about 4.41 million SOL (approximately 890 million dollars) in staking status at that address.

ChainCatcher message, Bitget has launched the 14th phase of the contract mall "Luxury Gift Season". During the event, completing the corresponding contract trading volume tasks allows you to exchange points for rewards. For each task completed, you can exchange for physical rewards or directly convert them to USDT.There is no limit on the amount of USDT that can be exchanged; every 1 point equals 2 USDT. This phase's physical prize pool includes a HONMA golf club set, LV bags, Rolex watches, Qeelin gourd necklaces, and iPhone 17 Pro Max, among others. The event ends on October 28 at 10:00 (UTC+8).

ChainCatcher news, according to Ember monitoring, the whale address 0x1fc...ed5 just went all in on ETH: in the past hour, he purchased 21,597 ETH ($87.86 million) at an average price of $4,068.This address withdrew 2,400 ETH ($10 million) from Binance last night, and today ETH continued to pull back. An hour ago, he decided to go all in and buy the dip on ETH: he redeemed all the stablecoins, approximately $87.86 million in USDC, USDe, USDf, etc., that were invested in Pendle to buy 21,597 ETH. In other words, he actually bought a total of 23,997 ETH ($96.36 million) in the last 15 hours at an average price of $4,078.

ChainCatcher news, recently, according to on-chain analyst Ai Yi (@ai_9684xtpa), it was monitored that a wallet associated with Lede Capital's affiliated organization Trend Research redeemed 16,800 ETH from Aave and deposited it into Binance, worth 72,880,000 USD. As a result, the address 0x900...4b53b is nearly cleared out, currently still holding 214.8 ETH. If estimated at the deposit price of 4,388.11 USD, this 16,800 ETH could reduce the loss by 3.328 million USD.

ChainCatcher news, according to crypto analyst Ai Yi @ai_9684 xtpa monitoring, an address associated with Trend Research redeemed 16,800 ETH from Aave and deposited it into Binance, worth approximately $72.88 million.The address is close to being emptied, with only 214.8 ETH remaining.

ChainCatcher news, according to on-chain analyst Yu Jin's monitoring, the 192,000 SOL (worth 43.56 million USD) redeemed from staking by FTX/Alameda today has currently been distributed and transferred to 28 addresses.