A newly created wallet withdrew 10,057 ETH (worth about $33.68 million) from Binance and staked it on Lido to receive stETH. The wallet then leveraged its stETH positions on Aave by borrowing $45 million USDT to buy additional stETH tokens, which were redeposited as collateral on Aave. This series of transactions indicates a leveraged long position on stETH using loop borrowing.
Άρθρο
New Wallet Executes $33M ETH Withdrawal from Binance, Uses Leverage to Long stETH on Aave
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ETH
1,958.08
-2.90%