Apr 24, 05:55
SOC Team
Whale earned big from the EZETH depeg
Smart
Related addresses
Total tokens transferred
4.499K
ETH
4.692K
EZETH
Whale 0xaa1 (linked to “czsamsunsb.eth”) has swapped 4,499 ETH for 4,692 EZETH in the past 4 hours, as soon as the EZETH (Renzo Restaked ETH) started to lose peg against ETH:
Notably:
- The EZETH depeg was allegedly due to the poor liquidity in Uniswap that caused the EZETH price to fall to a short-term minimum of $688 during 10:35-11:05 (UTC+8).
- This suggests that the whale has made 193 ETH (~$600K) in only 4 hours.
- The whale currently appears to keep swapping more ETH for EZTH to earn the difference.
Fig 1. Whale 0xaa1 (linked to “czsamsunsb.eth”) has made 193 ETH (~$600K) in only 4 hours from the EZETH (Renzo Restaked ETH) depeg.
#ezeth
#eth
#renzo restaked eth
#depeg
#earn
#profit
#smart trader
#czsamsunsb.eth
