Ethereum Whale Expands Aave V3 Position with 278,330 ETH Buybacks, 23,500 ETH Deposited, and 40 Million USDC Transferred to Binance
ETH/USDT
$39,049,302,904.94
$2,145.26 / $2,009.54
Change: $135.72 (6.75%)
-0.0018%
Shorts pay
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.