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TechFlow news: On April 21, according to on-chain analyst EmberCN (@EmberCN), the deposit receipt aEthWETH traded at a discount following Aave’s temporary suspension of WETH withdrawals. A whale address, 0x8ad, withdrew 13,000 ETH (approximately $30 million) from an exchange, swapped it to purchase 13,143 aEthWETH, and then repaid its ETH loan on Aave at a 1:1 ratio—netting a profit of 143 ETH (approximately $330,000).
According to on-chain analyst Ember (@EmberCN), the deposit receipt aEthWETH traded at a discount following Aave’s temporary suspension of WETH withdrawals. Whale address 0x8ad withdrew 13,000 ETH (approximately $30 million) from an exchange, swapped it to acquire 13,143 aEthWETH, and then repaid its ETH loan on Aave at a 1:1 ratio—netting a profit of 143 ETH (approximately $330,000).
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