News linked to both this project and an event.
Odaily reports: According to on-chain analyst Ai Yi, the whale who opened a new ETH position yesterday has added another $3.36 million, withdrawing 1,236 ETH from OKX an hour ago. Since yesterday, they have accumulated 2,656 ETH (approximately $7.18 million) at an average price of $2,703.3, with an unrealized profit of $19,500. Their strategy is to buy and then deposit into Lido for staking.
Over the past 3 hours, an address withdrew 1,420 ETH from OKX, valued at approximately $3.82 million, and subsequently deposited the entire amount into Lido for staking.
Odaily reports, according to on-chain analyst Ai Yi's monitoring, an address withdrew 1,420 ETH from OKX over the past 3 hours, worth $3.823 million, at a withdrawal price of $2,692.47, and subsequently deposited it into Lido for staking.
Odaily reports: According to monitoring by Yu Jin, Bitget has entered its third day since opening withdrawals. The peak withdrawal period has now passed, and combined with stablecoin fixed-yield offerings and PoolX ETH and BTC locked staking mining campaigns, the platform's funds have shifted to net inflow.Among these, ETH has seen approximately 28,900 ETH inflow and approximately 7,266 ETH outflow since withdrawals opened yesterday afternoon. The largest deposit address retrieved 20,000 ETH from Lido last night and transferred it to Bitget, worth approximately $54.66 million, to participate in the ETH pool's 11.27% APR campaign.Additionally, data shows that Bitget's net deposits for the full day yesterday were approximately $9.47 million, with net deposits of approximately $31.73 million from 0:00 to 8:00 today.
According to on-chain analyst Ai Yi, four new addresses swapped UBTC for USDC over the past 9 hours as initial capital, then bought 6,972 ETH on-chain at an average price of $2,460.69, and have deposited all of it into Lido.
According to on-chain analyst Ai Yi (@ai_9684xtpa), Justin Sun has again unstaked 5,000 ETH, increasing his total Lido redemptions to 10,000 ETH since August 26. Following the prior redemption, he deposited $12.3 million worth of ETH into Poloniex across two transactions at an approximate price of $2,481 per ETH. From this latest batch of 5,000 redeemed ETH, 3,500 were routed to a Poloniex hot wallet (purpose unknown), while the remaining 1,500 were deposited into Morpho. Justin Sun currently holds 238,000 stETH on-chain, valued at approximately $594 million.
Odaily News: According to on-chain analyst Ai Yi's monitoring, Sun Yuchen's address (0x176...a132) submitted a redemption request to Lido for 5,000 ETH, valued at $12.3 million, 10 minutes ago. This marks the first unstaking activity from this address since July 18, 2025, with the specific purpose still unknown. Sun Yuchen currently holds nearly $600 million worth of stETH on-chain, totaling 243,000 tokens.
Odaily News: According to Onchain Lens monitoring, a whale, after a 3-month period of inactivity, staked 4,000 ETH through Lido 2 hours ago, valued at approximately $7.68 million, and received 4,000 stETH in return. Previously, this address had supplied 1.216 million USDC, worth approximately $1.22 million, to Aave.
Odaily News On-chain analyst Yujin posted on X, stating that an Lido initial investor/institution (0xfB03...FF95), after holding LDO for five and a half years, transferred 4.3 million LDO to Kraken an hour ago, valued at $1.61 million. This investor/institution received an allocation of 5 million LDO as an investment in December 2020, which was worth $30 million at its peak in 2021, and is currently valued at $1.88 million. Compared to their investment cost of $0.0085 per token, the current price still represents a profit of over 40 times.
Odaily reports, according to Onchain Lens monitoring, after unstaking through Lido and unwrapping WETH, Chun Wang (@satofishi) transferred 4,950 ETH (worth $9.53 million) to Binance.
according to Onchain Lens monitoring, a wstETH whale withdrew 4,942 ETH, worth $8.83 million, from Binance and immediately staked it through Lido, receiving 3,990 wstETH. Over the past 24 hours, the same whale also withdrew 211.5 WBTC, worth $13.25 million, from Binance. Currently, the total amount withdrawn reaches $22.08 million, with the ETH having gone directly into staking.
according to on-chain analyst EmberCN's monitoring, KR1 plc, a digital asset technology company listed on the London Stock Exchange and also an investor in Lido, transferred 3.7 million LDO ($990,000) into Kraken about an hour ago.
According to on-chain analyst Ember (@EmberCN), multiple addresses associated with @cobie aggregated 20 million $LDO (worth approximately $6.58 million) today and transferred them to centralized exchanges—including Binance, OKX, and Kraken—within half an hour.
According to on-chain analytics platform Lookonchain (@lookonchain), the "$APE insider" — who previously made $2.27 million in a single day — has re-entered the market, opening a long position of 8.69 million $LDO with 5x leverage, valued at approximately $3.72 million. Notably, this trader had previously opened a long position of 10.26 million $LDO (valued at $4.58 million) on the same asset, but exited with a loss of $194,000.
according to Onchain Lens monitoring, the whale address 0x674 spent approximately $17 million USDC to purchase 7,284 ETH at an average price of $2,334, and subsequently transferred the ETH to Lido for staking.
According to on-chain analytics platform Lookonchain (@lookonchain), an insider APE-related address has further increased its long position in LDO, currently holding a total of 10.26 million LDO long contracts, valued at approximately $4.58 million at the current price.
on-chain analytics platform Arkham posted on X, stating that the Ethereum Foundation has unstaked approximately $48.9 million worth of ETH. Tracking data shows that the Ethereum Foundation has deposited WSTETH into Lido's unstETH contract and will receive the corresponding ETH once the unlocking process is complete.The market's focus is on whether the Ethereum Foundation will proceed to sell the ETH obtained from this unstaking. Previously, the Ethereum Foundation has sold ETH on multiple occasions for operational fund management, drawing ongoing market attention to potential selling pressure.
According to on-chain analyst Ember (@EmberCN), the rsETH incident on April 18 resulted in a funding shortfall of approximately 68,900 ETH (around $160 million): the hacker collateralized rsETH to borrow 99,600 ETH; after Arbitrum recovered 30,700 ETH, the remaining funds were fully converted by the hacker into BTC. The incident has now entered the remediation phase. Aave is coordinating the establishment of a “DeFi United” relief fund, which has so far received cumulative donations totaling 13,500 ETH (approximately $31.45 million). Donors include Lido Finance (2,500 stETH), ether.fi Foundation (5,000 ETH), Aave founder Stani Kulechov (5,000 ETH), Golem Foundation (1,000 ETH), as well as LayerZero and Ink Foundation (amounts undisclosed).
Lido has released an update regarding the Kelp security incident, stating that its Earn-series vaults are working with the management team to address the issue, focusing on two key risk areas: rsETH exposure and tightening liquidity in lending markets. Lido emphasizes that its core staking protocol remains unaffected, and both stETH and wstETH remain secure and stable. Currently, only the EarnETH vault holds approximately 9% of its TVL in rsETH exposure; related deposits and withdrawals have been suspended by the management team pending resolution. Of the ~$70 million in ETH stolen in the earlier attack, roughly $70 million has already been recovered; asset recovery and loss allocation efforts are ongoing. To mitigate liquidity pressure, the management team has reduced leverage and optimized position structures, significantly decreasing wETH debt exposure. Should losses ultimately materialize, EarnETH will activate its $3 million “first-loss protection mechanism,” funded by the DAO. Other vaults remain unaffected: DVV and EarnUSD are operating normally. The GGV sub-vault is currently experiencing negative yields due to a combination of recursive staking strategies and rising borrowing rates, but active adjustments are underway. Users’ previously submitted withdrawal requests will be processed at pre-incident valuations.
According to CoinDesk, Kelp DAO’s LayerZero-based cross-chain bridge was attacked, with the attacker withdrawing 116,500 rsETH—worth approximately $292 million at current prices, or roughly 18% of its circulating supply. This incident has become the largest DeFi attack of 2026 to date. In response, Aave, SparkLend, and Fluid have frozen rsETH-related markets, and Lido Finance has suspended new deposits into its earnETH product. Kelp DAO stated it is jointly investigating the incident with LayerZero, auditing firms, and external security experts.