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ZKasino applied to redeem 10,536 stETH into ETH on Lido 25 minutes ago, worth about $31.56 million

CointimeCointime2024/05/16 12:10
By:Cointime

As monitored by on-chain analyst Yu Jin, 25 minutes ago, ZKasino applied to redeem 10,536 stETH (worth $31.56 million) into ETH on Lido. These stETH are expected to be redeemed for ETH at a 1:1 ratio tomorrow. Previously, on April 21st, ZKasino deposited 10,515 ETH from users into Lido for interest earning, which earned 22 ETH in interest over 25 days.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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