Data: Whale addresses have successively transferred nearly $100 million worth of ETH and BTC to Manta Network to participate in Manta CeDeFi

ChainCatcher reports that on-chain data shows two whale addresses ending in 937Be1 and e088c9 have successively transferred nearly $100 million worth of ETH and BTC to the Manta Pacific network, participating in Manta CeDeFi products.

It is reported that Manta CeDeFi products are real coin-based yield products launched by Manta Network. Through Ceffu MirrorX technology, they can obtain institutional CeFi returns and funding rate arbitrage income. Manta CeDeFi has unlocked the CeFi solutions usually only open to exchange VIPs. The current APY for BTC and ETH coin-based is 5.6%, while USDT and USDC coin-based APY is 17.5%.