A whale withdrew 1,444 cbBTC from Coinbase in the past two weeks, deposited it into Aave, borrowed 29,025 ETH, and then deposited it into Binance

Odaily News According to on-chain analyst Ember, although the ETH/BTC exchange rate has fallen to 0.028, there are still whales that are looking down on the ETH/BTC exchange rate: a whale has withdrawn a total of 1,444 cbBTC (US$138.14 million) from Coinbase in the past two weeks, and then deposited it into Aave as collateral to borrow 29,025 ETH (US$77.6 million) and then transferred it to Coinbase.