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A whale transferred 7,416 ETH to Binance for sale, and withdrew USDT to repay the loan on Aave.

2023-10-18 03:48
Odaily reported that according to on-chain analyst Ember Monitoring, a whale transferred 7,416 ETH (approximately $11.64 million) to Binance last night for sale, and then withdrew 12.34 million USDT to repay the loan on Aave. The whale went long ETH with leverage from June 12 to July 5: he borrowed 18.9 million USDT from Aave by mortgaging ETH and transferred it to Binance, and then withdrew 10,460 ETH at an average price of $1,806; this time he went long with leverage. ETH lost approximately $1.22 million (-6.5%).