Ethena Leaderboard Update: Whale

BlockBeats News, September 2nd, according to on-chain analyst Ai Yi (@ai_9684xtpa), Ethena Leaderboard's top whale AndreIsBack invested 170 ETH (approximately $580,000) eight months ago to receive 38.71 million WLFI tokens, with a cost of $0.015 per token. Yesterday, they received 7.74 million unlocked tokens that have not been sold yet (around $1.85 million), but they currently have a $585,000 unrealized profit from a 3x hedge short position on Hyperliquid.

This whale is deeply involved in DeFi projects—address 0x9cb...c06ce holds over $41.69 million in assets, participated in a total of 21 DeFi projects, and is currently ranked first on the Ethena Season3 Leaderboard, with a point reward of up to 1.28 trillion points, representing 3.57% of the total reward pool.