According to @EmberCN, a major whale in the Blast DeFi ecosystem transferred 8,231 ETH, valued at $31.23 million, from the Blast network back to the Ethereum (ETH) network before depositing the funds into Binance. The whale has accrued more than $12 million in airdrop rewards and DeFi income from activities on the Blast network. Notably, this whale initially deposited 45,000 ETH (worth $102 million) into Blast for yield farming in December 2023 and has started moving ETH back in batches since August 2024. These large-scale ETH withdrawals and deposits to Binance may signal increased selling pressure on ETH and affect short-term price volatility, making this event critical for traders monitoring whale movements and DeFi yield strategies. Source: @EmberCN

According to @redstone_defi, @HeyAnonai, @SUPRA_Labs, @OstiumLabs, and @yellowcatdao on Twitter, several prominent DeFi projects are preparing exclusive drops for their original supporters. This shift in the InfoFi protocol toward rewarding impactful contributors rather than yield farmers could enhance token scarcity and drive market activity. Traders should monitor these announcements closely, as early access rewards and upcoming drops may create volatility and new trading opportunities across the DeFi sector. Source: Twitter thread by @redstone_defi.