A Flash Loan Whale Executes $100M+ ETH Withdrawal from an exchange
BlockBeats News, January 19, according to LookIntoChain monitoring, a whale who borrowed 45 million USDT to purchase stETH has just withdrawn 32,395 ETH (103.75 million USD) from an exchange.
This morning, a new address (0x81d0) withdrew 10,057 ETH (33.68 million USD) from an exchange and staked it on Lido to receive stETH. The stETH was then deposited into Aave, borrowed 45 million USDT to purchase 13,461 stETH, and the stETH was returned to Aave.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Two More Fed Rate Hikes Likely in Current Cycle -- Market Talk
Fed Policy Monitor: Hiking bias and curve reaction – NBC Economics and Strategy
