0x1fc…FAEd5 Whale Accumulates 21,048 ETH ($88.5M), Withdraws 2,360 ETH From Binance and Stakes on Aave to Borrow $37.46M USDT

On-chain analyst Ai Yi (@ai_9684xtpa) reports that wallet 0x1fc…FAEd5 has accumulated 21,048 ETH since June 18, 2025, with an on-chain valuation of approximately $88.54 million. The position’s reported average withdrawal price is $3,794, producing an estimated unrealized gain near $8.49 million.

Ten minutes ago the same address executed a significant Binance withdrawal, transferring 2,360 ETH (about $9.92 million at reporting levels). This movement represents a notable change in the wallet’s exchange liquidity profile and is observable on-chain.

According to the on-chain data, the ETH is currently pledged as Aave collateral, supporting a borrow of 37.46 million USDT and carrying a reported health factor of 1.97, which quantifies the collateralized debt position’s buffer against liquidation.

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