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TechFlow News: On January 26, according to OnchainLens (@OnchainLens), a newly created wallet with the address “0xA75” purchased $31.78 million worth of 11,000 ETH from Binance. The wallet then deposited these ETH into the Aave V3 protocol, borrowed $30 million in USDC, and redeposited the borrowed funds into Binance to purchase additional ETH. As of now, this whale holds approximately 72,000 ETH, valued at roughly $208.5 million.
According to OnchainLens (@OnchainLens), a newly created wallet with the address “0xA75” purchased $31.78 million worth of 11,000 ETH from Binance. The wallet then deposited this ETH into the Aave V3 protocol, borrowed $30 million in USDC, and redeposited the borrowed funds into Binance to purchase additional ETH. As of now, this whale holds approximately 72,000 ETH, valued at around $208.5 million.
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