Ethereum Whale Expands Aave V3 Position with 278,330 ETH Buybacks, 23,500 ETH Deposited, and 40 Million USDC Transferred to Binance
ETH/USDT
$15,764,184,570.61
$1,937.17 / $1,835.36
Change: $101.81 (5.55%)
-0.0004%
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.