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COINOTAG News, citing on-chain data analyst Yu Jin, notes that a whale or institutional address—which previously secured a $24.48 million profit from short ETH positions before flipping to a long stance—has, today, undertaken a substantial liquidity maneuver. The entity borrowed 190 million USDT via Aave, routed the funds to Binance, and subsequently withdrew 75,418 ETH (approximately $269 million at current pricing).
In the prior week, the same account activity shows 892 million USDT transferred to Binance, followed by the withdrawal of 266,895 ETH at an average price of $3,402. This pattern signals deliberate liquidity repositioning by large holders and underscores risk management considerations amid evolving market liquidity flows, rather than a directional forecast.
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