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A giant whale withdrew 20,000 ETH from Coinbase and deposited it into Aave, lent 241 BTC and then purchased ETH again.

A giant whale withdrew 20,000 ETH from Coinbase and deposited it into Aave, lent 241 BTC and then purchased ETH again.

Cointime2024/01/11 02:12
By: Cointime
BTC-0.98%AAVE-1.84%ETH-0.54%

According to The Data Nerd monitoring, a whale (James Fickel) withdrew 20,000 ETH (about 47.4 million US dollars) from Coinbase in about 9 hours and exchanged it for stETH, and then deposited stETH into Aave, borrowed 241 BTC (about 11.09 million US dollars), and then purchased ETH again.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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