According to OnchainDataNerd, a wallet potentially associated with Arrington Capital withdrew 3,884 ETH, valued at approximately $15.32 million, from Binance. Subsequently, this entire amount was staked into Etherfi for EETH. This movement indicates a strategic shift in asset allocation, possibly reflecting a bullish sentiment on Etherfi's staking platform.

According to Lookonchain, the APY on $pufETH deposited in Pendle has reached up to 10.99%. A savvy trader has capitalized on this opportunity by exchanging $eETH for $pufETH to secure the higher return.