🤑 Curious about how this crypto whale is making a fortune through ETH/stETH arbitrage? Let's unveil their brilliant strategy and discover the money-making potential! 💡💰

🌟 How to Arbitrage with ETH/stETH? 🌟

1️⃣ Exchange 1 ETH for 1.0038 stETH on #DEX.

2️⃣ Redeem 1 $ETH with 1 stETH at a 1:1 ratio on Lido.

3️⃣ Profit! Earn 0.0038 ETH ($0.6) per arbitrage.

🚨 Disclaimer: Due to gas fees, this strategy may not be suitable for small funds. 🚨

But for the whales out there, it's definitely worth considering! 🐳💰

💰 So, how much is this whale making? 💰

In the screenshot below, you'll see the whale in action. They swapped 1,370 ETH for 1,370.3351 stETH on 1inch and redeemed it at the same rate on Lido.

With a gas fee of 0.0061 ETH, they pocketed a cool 0.329 ETH ($540)!

💸 $540 might seem like a drop in the ocean for a whale, but let's do the math. If they repeat this 1,370 ETH arbitrage daily, they'll bank 118 ETH ($194K) in a year, with an impressive APY of 8.6%!

📈 And if ETH/stETH ever depegs, the potential profits could be even more substantial. In May 2022, when ETH/stETH depegged to 0.94, our whale could arbitrage 87 ETH at a time. 🚀💰

Keep in mind that #cryptocurrency investments carry risks, and results may vary. Always make informed decisions! 🚀📊 #CryptoWhale #ArbitrageMasters

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