Ethena Leaderboard TOP1 Whale to Receive Airdrop of 21.94 Million ENA, Approximately $10.675 Million

BlockBeats News, July 20th. According to on-chain analyst Ai Yi (@ai_9684xtpa), the whale holding the TOP1 spot on the Ethena Leaderboard bought nearly 450 million 7/31 sUSDe YT (approximately $5 million) during the ENA price drop from May 21st to June 3rd. Based on the current sUSDe APY of 9.74%, it is estimated to generate $120,000 in interest per day.

Currently holding 839.5 billion Ethena points, which is 1.49 times that of the second place, and based on the Season 4 rule of airdropping no less than 3.5% of the total supply, it is estimated that they will receive approximately 21.94 million ENA (about $10.675 million).