0xScope Newsletter #64: Our Exclusive Report on the EigenLayer Airdrop
Also: 0xScope analyzes recent market trends, such as CEX net asset changes and major token unlocks from $PIXEL and ID
0xScope Probes the EigenLayer Airdrop's Biggest Beneficiaries
The 0xScope team recently looked into the $EIGEN airdrop to find out not only the top TVL contributors of EigenLayer but also the whales that received a significant amount of tokens Here are our findings:
Puffer Finance currently contributes the most to EigenLayer's TVL at around 429,000 $ETH (26.2%), followed by Mantle Treasury with 100,000 $ETH (6.1%). In fact, only 8 addresses are responsible for 59.3% of Eigenlayer’s TVL, with 94,174 addresses accounting for the remaining 40.7%.
Two addresses used for EIGEN/WETH pools received 10.81M of airdropped $EIGEN tokens ($38.9M, 5.4% of the total airdrop). Renzo Protocol’s Restaked $EIGEN gained 3.8M EIGEN ($13.75M, 1.9%).
On May 11, TRON founder Justin Sun's address received 2M of EIGEN token, which is much earlier than anybody else. In total, by October 9, he received 6.213M EIGEN (3.1% of total airdropped token, $22.4M now), 2M of which was deposited back to the EigenLayer protocol. Interestingly, the remaining 4.213M EIGEN was then transferred to 2 different HTX deposit addresses possibly related to the TRON founder.
TIP: You can find more information about the largest and most notable holders of EIGEN and thousands of other digital assets through Scopechat. Just go to the Scopechat website and use the Search function to look for the crypto token you want to track, and then Scopechat will show you comprehensive information about your chosen token. This wealth of data that you can explore includes the holder structure of tokens like $EIGEN, as shown below.
On-chain Data
Bitcoin’s bull run adds $11.7B to CEX asset values
With Bitcoin rising from $61,300 to as much as $68,200 this week, the ensuing bullish crypto market this week lifted asset values for major exchanges, which collectively grew by $11.7B, about $6.9B of which was on Binance. Deribit’s 10.78% growth leads all major CEXes, while Kraken only barely benefited from the bull run with just a 0.46% rise.
Upcoming token unlocks for $PIXEL, $ID
This coming week, get ready for the unlocking of $7.78M worth of $PIXEL tokens on October 19, followed by $ID’s unlock of $6.96M in tokens on October 22.
If you're a supporter of these tokens, please be mindful of potential price fluctuations in the days to come, and follow the 0xScope Twitter account for more information.
Company Announcements
Subscribe to Scopechat Pro
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Subscribe to Scopechat Pro today! Pay using your credit card, Scopepoints, or crypto (we support Ethereum, Arbitrum, Base, and Optimism networks).
Be the Next 0xScope Ambassador!
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Quick Bites
Global Bitcoin ETFs register biggest seven-day inflow since July - LINK
BlackRock leads $1B Bitcoin ETF ‘flowmageddon’ as price nears $70,000 - LINK
Vitalik Buterin wants Ethereum to hit 100K transaction per second with rollups - LINK
Tesla moves $765M in Bitcoin to unknown wallets, putting Musk’s crypto plans in the spotlight - LINK
DEXs struggle to compete with CEXs as futures trading volumes shift back - LINK
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