Ethereum Whale Expands Aave V3 Position with 278,330 ETH Buybacks, 23,500 ETH Deposited, and 40 Million USDC Transferred to Binance

According to COINOTAG News and Onchain Lens data dated November 11, a sizable ETH whale orchestrated a multi-stage liquidity maneuver. The address borrowed 66,000 ETH, exited into fiat during a market dip, and subsequently accumulated 257,543 ETH through a re-entry purchase. The trader then deployed 23,500 ETH ($82.62 million) into Aave V3, signaling a shift toward collateralized liquidity amid volatility.

To fund further exposure, the actor borrowed 40 million USDC and moved the balance to Binance, before executing a fresh purchase of 20,787 ETH (≈ $73.81 million) and redepositing it into Aave V3.

This sequence signals disciplined liquidity management by a major holder, illustrating how ETH and stablecoins interact across centralized venues and decentralized lending pools to optimize yield and risk.