🔎 STATE OF THE STAKING

According to Staking Rewards, the entire staking market cap, which values all projects with staking mechanisms, is currently approximately $490 billion, with the top five being #ETH, #SOL, #stETH, #SUI, and #BNB.

🔍🐳 Whale Transactions:

1. 4 wallets contributed 6.14 million #USDC to Hyperliquid, probably to buy #HYPE;
2. Wallet 0xFC82 (probably related to Cumberland) withdrew 34,883 #ETH ($89.45 million) from Binance in the past week;
3. Whale withdrew 7,200 ETH ($18.37 million) from Kraken in the last week;
4. Whale sold 33,585 #stETH for 85.38 million #USDC at $2,542. He has already made over $30M in ETH and still holds 100,000 ETH ($260.44M);
5. Whale has withdrawn from staking and contributed 66,330 #SOL ($9.94 million) on Binance. He has contributed a total of 749,599 SOL ($116.36 million) to Binance in 2025.

🔍🐳 Whale Transactions:

1. New Wallet withdrew 25,567 #ETH ($70.66 million) from Kraken;
2. Abraxas Capital withdrew 29,741 ETH ($81 million) from Binance and Kraken;
3. Whale spent 25 million USDT to buy 9,188 ETH at $2,721 and 2.5 million USDT to buy 8,243 #AAVE at $303;
4. Hacker GMX exchanged all assets worth $32M except #FRAX for 11,700 ETH and distributed them to 4 new wallets;
5. Whale, who previously bought 132,536 ETH($333.79 million), sold another 30,003 #stETH($81.4 million). He still holds 70,004 ETH($194 million);
6. The government of Bhutan transferred ~213 BTC to Binance.

🥳 #LDO Lido Ecosystem Foundation has announced the launch of GG Vault (GGV).
Users can now from the new Earn page with one click to automatically allocate #ETH, #WETH, #stETH, #wstETH and other assets across multiple DeFi protocols such as Uniswap, Aave, Euler, Balancer, Gearbox, Fluid, Morpho, realizing diversified strategies with high returns without having to manually manage multiple positions.

👍 #LDO #ETH Hex Trust adds storage and staking services for the Lido #stETH token, expanding institutional access to Ethereum staking. coindesk

🔍🐳 Whale Transactions:

1. Bitmine bought 7080 #ETH ($19.8 million);
2. 0xD908 and 0x0BB9 (likely owned by the same whale), exchanged 13,365 #stETH for 13,356 #ETH ($36.7 million) and transferred them to Kraken;
3. In the past week, ten new wallets received 2,612 #BTC ($231 million) from BitGo.

🔍 0xa923 sold 230,350 #AAVE (37.8 million) for 5,869 #stETH ($17.62 million) and 228 #WBTC ($20.2 million). This large sale resulted in a loss of approximately $13.75 million.