steth

According to Lookonchain monitoring, well-known ETH holder and staker, P2P.org and Cyber.Fund co-founder Konstantin Lomashuk (@Lomashuk) seems to be selling ETH.Two wallet addresses possibly related to him transferred 12,458 stETH (approximately $23.76 million) and 2,566 ETH (approximately $5.38 million) to Wintermute.

The address associated with the Bhutan Sovereign Wealth Fund Druk Holdings has reduced its holdings by 26,535 ETH in the last 24 hours. As of the time of writing, the health rate of the Aave account for this address is 1.17, currently holding 51,710.6793 stETH, with a loan of 79.75 million USDT still outstanding.

According to the official announcement, Lido V3 has launched on the Ethereum mainnet, introducing the stVaults modular staking infrastructure supported by stETH, designed specifically for developers.This upgrade expands the Lido protocol from a single pooled liquid staking (Lido Core) to support diverse staking models while retaining the shared liquidity and DeFi composability of stETH. stVaults allow builders to customize staking settings without having to build the infrastructure from scratch.

According to on-chain analyst Ai Yi's monitoring, a certain address (0xd45...FB20) that previously made a profit of 98.18 million USD from ETH trading has sold for the first time since establishing its position.Three hours ago, the address deposited 10,000 stETH into Wintermute, worth 30.12 million USD, and subsequently received 30.03 million USDC. Recently, the address has accumulated a total of 70,013 ETH, with an average cost of approximately 2,907 USD, resulting in a profit of 1.039 million USD from this sale. Currently, the address still holds 60,013 ETH, with an unrealized profit of 7.243 million USD, bringing its total ETH trading profit to 99.22 million USD.

Accompanied by Ethereum briefly dropping below $2,800 this morning, the loan health ratio of Bhutan's sovereign wealth fund Druk Holdings' main wallet on Aave briefly fell below 1.2, currently reported at 1.22.The associated address of the Bhutan sovereign wealth fund is leveraging long positions on ETH. As of the time of writing, its address holds a total of 116,560 stETH, with an unrealized loss of about 10% from its purchase cost. This stETH is currently all held in Aave, with the main wallet holding 104,000 stETH and borrowing 200 million USDT.

According to Onchain Lens monitoring, the whale "0x81D" has further borrowed 155 million USDT in the past and purchased 65,700 stETH.Currently, this whale holds a total of 142,777 ETH across 2 wallets, worth 460.11 million dollars.

According to an update from on-chain analyst @ai_9684xtpa, a whale that "built a position of 42,452.79 ETH in a single day" has added another 11,355.06 wstETH. The address 0x81D...74246 has bought wstETH on-chain in the past hour at an average price of $3,932.8 and simultaneously unwrapped it into stETH, spending $44.66 million; over the past 24 hours, a total of 66,107.49 stETH has been accumulated, with a total value of $212 million.Currently, there are still 15.93 million USDT held on-chain, which may indicate further accumulation.

According to Lookonchain monitoring, a newly created address (0x81d0) withdrew 10,057 ETH from Binance, worth 33.68 million USD, and then staked it on Lido to obtain stETH.The address deposited stETH into Aave, borrowed 45 million USDT to buy 13,461 stETH, and then deposited that stETH back into Aave.

According to Onchain Lens monitoring, a certain whale sold all 230,350 AAVE tokens in the past 3 hours, in exchange for 5,869.46 stETH (worth approximately $17.52 million) and 227.8 WBTC (worth approximately $20.07 million), with a total value of about $37.59 million. This large sell-off caused the AAVE price to drop by about 10%.

USPD protocol officially issued an emergency security alert, confirming that its protocol has encountered a serious security vulnerability attack, leading to unauthorized token minting and liquidity depletion.The attacker exploited an advanced attack technique called "CPIMP," executing proxy initialization ahead of time during the deployment process to gain hidden administrator privileges. By installing a "shadow" to implement and manipulate event data, the attacker successfully evaded verification tools, including Etherscan, and hid for months before using the privileges to mint approximately 98 million USPD and steal about 232 stETH. The USPD team has collaborated with law enforcement and security organizations to tag the attacker's address to freeze funds, while also expressing a willingness to treat the incident as a white hat rescue, stating that if 90% of the funds are returned, they will cease law enforcement actions.

According to the official Lido blog, the fully staked Ethereum ETP launched by WisdomTree has officially been listed.Its "WisdomTree Physical Lido Staked Ether ETP" (ticker: LIST) is the first ETP in Europe that exclusively holds stETH minted through the Lido protocol. The product's structure is designed to avoid the non-staking buffer mechanism commonly used in traditional products during subscription and redemption. LIST is traded on the Deutsche Börse Xetra platform, the Swiss SIX Swiss Exchange, as well as the pan-European exchanges in Paris and Amsterdam (Euronext). By holding stETH, the product provides investors with exposure to staked ETH and its corresponding on-chain staking yields in a listed product format that aligns with existing institutional business frameworks. At the time of listing, the assets under management were approximately $50 million, with a management fee rate of 0.5%.

According to PeckShield monitoring, after ETH fell below $2900, a certain whale's wstETH position was liquidated, worth approximately $6.52 million.

According to official news, the liquid staking protocol Lido announced the integration of Chainlink's cross-chain interoperability standard, where the Chainlink Cross-Chain Interoperability Protocol (CCIP) will serve as the official cross-chain infrastructure for wrapping staked Ethereum wstETH.In the coming months, wstETH will be gradually deployed in phases across all 16 chains, with the execution process involving multiple steps.

According to PeckShield's monitoring, as the ETH price fell below $3200, a whale address (0xa740...b5b6) had its long position on wstETH in Aave liquidated. The position borrowed USDT/USDC by staking wstETH, and a total of $23.44 million worth of wstETH was liquidated across multiple transactions.

ChainCatcher news, according to official sources, ETF issuer VanEck has submitted an S-1 registration application for the "VanEck Lido Staked ETH ETF" fund to the U.S. Securities and Exchange Commission (SEC). This fund aims to allow investors to earn Ethereum staking rewards through the Lido protocol's staked ETH token, stETH.Kean Gilbert, Head of Institutional Relations at the Lido Ecosystem Foundation, stated: "This application marks a recognition of liquid staking as a core component of Ethereum infrastructure. The stETH of the Lido protocol demonstrates that decentralization and institutional standards can coexist, laying the groundwork for broader market development."The ETF will hold stETH, benefiting from its thoroughly audited smart contracts, deep secondary market liquidity, and integration with leading custodians and exchanges. If approved, this ETF will provide institutional investors with a compliant and tax-efficient way to participate in Ethereum staking within a regulated investment framework.

According to ChainCatcher news, monitored by OnchainLens, the whale address 0xc6f7...e187 recently sold 163,990 LINK for a total amount of 3.32 million dollars, with an average price of 20.24 dollars; at the same time, it sold 1,074 stETH for a total amount of 4.2 million dollars, with an average transaction price of 3,917 dollars, cashing out approximately 7.54 million dollars in total.

ChainCatcher news, according to on-chain analysis platform Lookonchain (@lookonchain), a certain whale exchanged 4242.4 stETH for 4231 ETH (approximately 18.74 million USD) and deposited it into Kraken for sale, incurring a loss of about 11.4 ETH (approximately 50,500 USD).

ChainCatcher news, Jlabs Digital analyst Ben Lilly pointed out that stETH is currently being withdrawn from Lido. Meanwhile, another lending protocol, Figment, is absorbing Lido's market share, which means Figment could be a staking partner for the ETF. 32% of stETH (wstETH) is being used as collateral for lending protocols, and decoupling could mean liquidation for the lending protocols.It is worth noting that currently, 278,000 wstETH are in a "high-risk" state (high risk is defined as a health factor between 1 and 1.1).

ChainCatcher news, according to Lookonchain monitoring, the whale 0xd8d0 sold 10,000 stETH (worth about $38.16 million) and 398 BTC (worth about $46.41 million) in the past 2 hours, exchanging them for 84.93 million USDC.

ChainCatcher news, according to on-chain analyst @ai_9684xtpa citing crypto KOL darkpool's analysis, the batch unstaking event of 620,000 ETH may be related to the massive withdrawal of ETH deposits from the Aave platform, which caused borrowing rates to soar. The large withdrawals of Aave ETH deposits in a short period led to skyrocketing borrowing rates, forcing loop players who were initially profiting from the interest rate spread to incur losses, and they were compelled to redeem stETH to deleverage, resulting in the current situation.Aave ETH borrowing APR once soared to 10%Lido $stETH's current exit waiting period has been extended to 21 days (normally within a week)There is still a nearly 0.4% discount for on-chain stETH to ETH exchangeRegarding the implementation of loop lending, Aave's collateralization rate for ETH is 93%, meaning that arbitrage players can even use up to 14 times leverage to gain interest rate spread profits, with an annualized return on principal reaching approximately ~7% under normal circumstances.