COINOTAG News (Aug 21) cites on-chain analyst Ai Yi (@ai_9684xtpa) observing a wallet, 0x7E4…00107, execute a concentrated on-chain accumulation of 2004 ETH over two hours, equivalent to roughly $8.55 million. Chain data shows a Binance withdrawal of 1802 ETH, followed by an on-chain repurchase of 201.45 ETH funded with USDC at an average price of $4,268.59, and a subsequent deposit of 1000 ETH into Aave. These transactions constitute verifiable on-chain flows between centralized exchange custody, stablecoin-funded spot purchases and DeFi lending, offering clear transaction-level transparency without implying investment advice.
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