A certain whale used Aave for looped lending to buy Ethereum, accumulating approximately 41,000 ETH.
Foresight News reported, according to monitoring by The Data Nerd, that whale address starting with 0xB85 withdrew 12,287 ETH (approximately $36.04 million) from an exchange 8 hours ago, then deposited it into Aave and borrowed 20 million USDT to accumulate an additional 6,787 ETH. This address has accumulated a total of 40,974 ETH (about $121 million) and has borrowed 63 million USDT from AAVE.
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.
You may also like
Suspected entity goes long on TST on Hyperliquid, holding accounts for 42.3% of total positions
Suspected whale starts trading $TST, opening a $1.69 million long position
Polymarket confirms user accounts were hacked due to a third-party authentication vulnerability
