DARMA Capital's co-founder address will transfer nearly 60k ETH pledged for close to 5 years to Coinbase.

SmartContractAuditor · 2026-04-07T01:51:28+00:00

Approximately 60,000 ETH were unstaked from Ethereum and transferred to Coinbase, worth about $129 million, possibly belonging to DARMA Capital founder Andrew Keys. He earned 16,000 ETH in staking rewards over five years, currently valued at approximately $34.2 million.

SmartContractAuditor

2026-04-07 01:51:28

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Odaily Planet Daily News: According to crypto analyst Yu Jin@EmberCN monitoring, about 60,000 ETH were transferred to Coinbase after being redeemed from Ethereum staking approximately 3 hours ago, worth about $129 million; this batch of assets may belong to DARMA Capital co-founder Andrew Keys.

On-chain data shows that in May 2021, he previously deposited about 90,000 ETH into staking in multiple batches. Recently, he redeemed them in a concentrated manner and consolidated and transferred them out. Over roughly a 5-year staking cycle, he accumulated about 16,000 ETH in rewards, corresponding to about an 18% coin-denominated return; its current value is about $34.2 million.

ETH-1.19%

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