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Two whale addresses transferred nearly $100 million worth of ETH and BTC to Manta Network to participate in Manta CeDeFi

CointimeCointime2024/05/27 06:37
By:Cointime

According to on-chain data, two whale addresses ending in 937Be1 and e088c9 have transferred nearly $100 million worth of ETH and BTC to the Manta Pacific network to participate in the Manta CeDeFi product. The Manta CeDeFi product is a real coin-based income product launched by Manta Network, which utilizes Ceffu MirrorX technology to obtain institutional CeFi income and funding rate arbitrage income. Manta CeDeFi unlocks CeFi solutions that are typically only available to VIPs on exchanges. Currently, the BTC and ETH coin-based APY is 5.6%, and the USDT and USDC coin-based APY is 17.5%.

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