Whale Transfers Significant ETH to Binance for Loan Repayment
7/5/2024 7:15:56 AM
According to @EmberCN, a whale or institution has cumulatively transferred 33,099 ETH (worth $96.24M) to Binance for sale. They then withdrew $83.43M in stablecoins from Binance to repay loans on Compound and Aave. Currently, the entity has $48.37M in loans remaining on these lending platforms, with 31,269 ETH (worth $89.36M) still held as collateral. (Source)
Aave Compound ETH Binance stablecoinsMore from 余烬 (@EmberCN): Analyst about On-chain Analysis