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TechFlow, April 15 — According to on-chain analyst Lookonchain (@lookonchain), a newly created wallet withdrew 3,000 ETH (approximately $4.92 million) from Kraken five hours ago and deposited it into Aave and #Compound. The wallet then borrowed $3 million in USDC and deposited it back into Kraken, potentially to purchase more ETH.
According to on-chain analyst Lookonchain (@lookonchain), a newly created wallet withdrew 3,000 ETH (approximately $4.92 million) from Kraken 5 hours ago and deposited it into Aave and #Compound. It then borrowed $3 million in USDC and deposited the funds back into Kraken, potentially to purchase more ETH.
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