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Two Ethereum OG Addresses Dormant for 5 Years Borrow to Purchase 45,319 ETH, Total Value Exceeds $100 Million

2026-02-02 04:19

According to monitoring by Lookonchain, two Ethereum OG addresses dormant for 5 years (0xC3fe...31e4 and 0x34d1...4Ac1) purchased ETH through a loop borrowing method. These two addresses deposited 44,490 ETH, valued at $98.3 million, into Aave, then borrowed 104 million USDT and used it to purchase 45,319 ETH at an average price of $2,295.