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The founder of Synthetix has deposited 3.5 million LDO tokens into Aave through an intermediary address and borrowed 2.01 million USDT

The founder of Synthetix has deposited 3.5 million LDO tokens into Aave through an intermediary address and borrowed 2.01 million USDT

2024/02/05 01:54
AAVE-1.62%LDO-2.33%

According to third-party monitoring data, Synthetix founder Kain Warwick announced on social media that he has transferred 3.5 million LDO tokens (worth $9.52 million) to a certain address, after which these tokens were deposited into Aave and loaned out 2.01 million USDT. Three years ago as an individual investor, Kain Warwick received 5 million tokens from Lido, of which 1 million have already been recharged to Binance, and the remaining 4 million have not yet been sold.

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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