Whale's Complex ETH and USDT Transactions | Flash News Detail | Blockchain.News

Whale's Complex ETH and USDT Transactions

7/5/2024 12:48:56 AM

Whale's Complex ETH and USDT Transactions

According to EmberCN, a whale recently performed a series of complex transactions involving ETH and USDT. The whale offloaded leverage and transferred 33,765 ETH (approximately $103 million) to a new address (0xa33...12c). This ETH was then deposited into Aave, allowing the whale to borrow 80 million USDT. The borrowed USDT was used to repurchase ETH, with 70 million USDT already spent to buy back 22,713 ETH at an average price of $3,082. (Source)

Aave ETH whale USDT EmberCN

More from 余烬 (@EmberCN): Analyst about On-chain Analysis