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TechFlow reports, according to on-chain analyst Yu Jin, the smartestmoney.eth address converted its ETH purchased since August 17 into stETH 10 hours ago, then deposited these stETH into Aave to borrow 10 million USDT, which were transferred to Binance.
Earlier report: Since August 17, smartestmoney.eth has withdrawn a total of 14,275 ETH (worth approximately $24.45 million) from Binance, suggesting a possible average purchase price of $1,713.
The smartestmoney.eth address, 10 hours ago, converted its ETH purchased since August 17 into stETH, then deposited these stETH into Aave to borrow 10 million USDT, which was transferred to Binance. Previous reports indicated that since August 17, smartestmoney.eth has withdrawn a total of 14,275 ETH (worth approximately $24.45 million) from Binance, suggesting a possible average purchase price of $1,713.
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