Ether.Fi is a liquid staking protocol that allows stakers to retain control of their keys while delegating staking to node operators and earning rewards. Ethereum stakers who use Ether.Fi are also granted an NFT representation of every validator generated. These NFTs enable the storage of metadata, which Ether.Fi hopes developers will use to create additional staking infrastructure.
Odaily — According to monitoring by on-chain analyst Aunt Ai, a whale who began accumulating $6.99 million worth of ETHFI starting September 29 appears to be taking profit on HYPE. Fifty minutes ago, this whale deposited 71,000 HYPE worth $6.48 million into an exchange, at a deposit price of $91.26. The whale had previously withdrawn 142,800 HYPE worth $12.3 million on September 4 at $86.15. If sold this time, the estimated profit would be $362,000.
Odaily reports, according to on-chain analyst Ai Yi's monitoring, an address has accumulated a position worth $6.99 million in ETHFI since yesterday, marking the first time this address has accumulated tokens in 2 years. The address withdrew 2.61 million ETHFI yesterday, and withdrew another 6.91 million ETHFI 1 hour ago. The currently held 9.52 million ETHFI has an average withdrawal price of $0.734, with a temporary profit of $217,000.
According to EmberCN monitoring, crypto investment firm The Spartan Group has transferred tokens from 3 investment projects worth approximately $3.92 million to Coinbase Prime, including 2.045 million PENDLE ($2.74 million), 5.377 million SYRUP ($860,000), and 813,000 ETHFI ($320,000). The relevant tokens all originate from the unlocked vesting allocations of their invested projects.
Odaily News: According to on-chain analyst Yu Jin's monitoring, crypto investment firm The Spartan Group has transferred 2.045 million ethereum:0x808507121b80c02388fad14726482e061b8da827, valued at $2.74 million, 5.377 million ethereum:0x643c4e15d7d62ad0abec4a9bd4b001aa3ef52d66, valued at $860,000, and 813,000 ETHFI, valued at $320,000, to Coinbase Prime. All three of these tokens are investment project tokens acquired through the unlocking and vesting of their investment positions.
Odaily News: European asset management company 21shares has launched physically-backed Zcash ETP and Ether.fi ETP on Euronext Paris and Amsterdam markets, tracking ZEC and ETHFI respectively. Investors can gain exposure through brokerage accounts without directly holding the tokens.ETHFI is the governance and utility token of the decentralized finance protocol Ether.fi. Both ETPs carry an annual management fee of 2.5%. (Cointelegraph)
Decentralized finance platform Ether.fi announced that its self-custody app has added trading for tokenized stocks, metals, and crypto assets, along with the ability to borrow against multiple holdings as collateral. Users can lend assets or borrow against a portfolio through the integrated Aave market on Optimism, allowing them to transfer or spend borrowed funds without selling their positions. Ether.fi stated that its fiat accounts support global deposits and withdrawals across more than 30 currencies and payment methods. However, tokenized stock and metal trading is not available to users in the United States and certain other markets. Fiat accounts are only open to users who have completed payment card identity verification, and deposit and withdrawal speeds may vary. Ether.fi will also introduce automatic ETHFI buybacks and offer 3% cashback on card spending. Ether.fi founder and CEO Mike Silagadze said that initial support will cover Ethereum, Bitcoin, Hyperliquid, ETHFI, and select tokenized stocks and gold, with additional collateral assets to be added later. (Decrypt)
Odaily — According to monitoring by on-chain analyst Aunt Ai, a whale who began accumulating $6.99 million worth of ETHFI starting September 29 appears to be taking profit on HYPE. Fifty minutes ago, this whale deposited 71,000 HYPE worth $6.48 million into an exchange, at a deposit price of $91.26. The whale had previously withdrawn 142,800 HYPE worth $12.3 million on September 4 at $86.15. If sold this time, the estimated profit would be $362,000.
Odaily reports, according to on-chain analyst Ai Yi's monitoring, an address has accumulated a position worth $6.99 million in ETHFI since yesterday, marking the first time this address has accumulated tokens in 2 years. The address withdrew 2.61 million ETHFI yesterday, and withdrew another 6.91 million ETHFI 1 hour ago. The currently held 9.52 million ETHFI has an average withdrawal price of $0.734, with a temporary profit of $217,000.
Leading crypto asset manager 21Shares has launched physically backed Zcash and EtherFi ETPs on the Pan-European Exchange, allowing investors to allocate ZEC and ETHFI assets through securities accounts at an annual fee of 2.5%.
Odaily News: European asset management company 21shares has launched physically-backed Zcash ETP and Ether.fi ETP on Euronext Paris and Amsterdam markets, tracking ZEC and ETHFI respectively. Investors can gain exposure through brokerage accounts without directly holding the tokens.ETHFI is the governance and utility token of the decentralized finance protocol Ether.fi. Both ETPs carry an annual management fee of 2.5%. (Cointelegraph)
Odaily News, Arthur Hayes said in his latest article: "Maelstrom's preferred crypto assets have not changed. Our long-term structural long position in Bitcoin will serve as the ballast of the portfolio, while the more speculative short-term bets by the end of 2026 are ETH (target price $10,000), ENA (target price $0.5), and ETHFI (target price $2). Where did my ZEC go? Who knows, I guess it was stolen by AI from the Orchard pool."Odaily Note: Orchard is the privacy pool of Zcash. Here, Hayes is making a joke, referring to no longer holding a Zcash position.
Odaily News: According to Lookonchain monitoring, Arthur Hayes (@CryptoHayes) bought back 1.9 million ETHFI at $0.62 per token 4 hours ago, worth $1.17 million. 4 months ago, he sold 265,461 ETHFI at a loss of $0.44 per token, worth $118,000.