The ether.fi team transferred 3.5 million ETHFI tokens, valued at approximately $2.28 million, to an address labeled 0xB20. This address had previously received 1.255 million ETHFI tokens about a year ago, suggesting it may be a smart contract with vesting features. ether.fi currently holds nearly 5 million ETHFI tokens that remain unstaked. This movement of tokens could indicate preparations for future staking or distribution events.
ETHFI trades at Rp11.818 on Pluang as of Oct 24, 2026 04:21 WIB, with a market cap of Rp11.32 trillion and a 1-day change of -0.21%. The token shows strong sell pressure, with 92% of order activity on Pluang being sell orders and a typical hold time of 44 days. This trading environment provides context to the ether.fi team's recent transfer of 3.5 million ETHFI tokens, possibly linked to staking or distribution plans.
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