TechFlow News, on October 30, according to monitoring by @ai_9684xtpa, a whale/institution withdrew 6,574 ETH (approximately $17.65 million) from Binance at an average price of $2,684 over the past three hours. Subsequently, it deposited the ETH into Aave and borrowed 16 million USDT, which has now been transferred back to Binance. The address has deposited a total of 38,135 ETH/WETH/stETH and borrowed 48.43 million USDT, with a health factor of 1.69. It appears that most of the borrowed stablecoins have been allocated to Ethena to earn interest and potential airdrops, with its sUSDe holdings already reaching $74.29 million.
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