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TechFlow news: On April 16, according to on-chain analytics platform Lookonchain (@lookonchain), a whale address (0xf0e0) withdrew 3,500 ETH (approximately $8.24 million) from Coinbase and deposited it into Aave. Subsequently, the address borrowed $8 million in USDC and repurchased 3,386 ETH at an average price of $2,363, further expanding its total holdings.
According to on-chain analytics platform Lookonchain (@lookonchain), the whale address 0xf0e0 withdrew 3,500 ETH (approximately $8.24 million) from Coinbase and deposited it into Aave, subsequently borrowing $8 million in USDC and repurchasing 3,386 ETH at an average price of $2,363—further expanding its total holdings.
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