BlockBeats News, July 20 — According to on-chain analyst Ai Yi (@ai_9684xtpa), the top whale on the Ethena points leaderboard purchased nearly 450 million sUSDe YT expiring on July 31 (worth approximately $5 million) during the ENA price decline from May 21 to June 3. Based on the current sUSDe APY of 9.74%, this position is estimated to generate $120,000 in daily interest income.
Currently, this whale holds 839.5 billion Ethena points, which is 1.49 times more than the second place. According to the Season 4 rule of airdropping no less than 3.5% of the total supply, the whale is estimated to receive about 21.94 million ENA (approximately $10.675 million).