COINOTAG News, December 24, citing Onchain Lens, reports that in the past two hours a new address withdrew 40,975 ETH from Binance, worth about $121.05 million. The move was followed by a transfer to the decentralized lender Aave V3, signaling continued cross-exchange liquidity routing into DeFi facilities.

The same address subsequently borrowed 63 million USDT on Aave V3, illustrating active collateral management and liquidity deployment within the DeFi lending market. This on-chain activity underscores growing integration between centralized exchanges and permissionless lending protocols as participants optimize cross-asset exposure and capital efficiency.