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A whale deposited 20,000 ETH into Aave and loaned out 241 BTC to buy ETH.

A whale deposited 20,000 ETH into Aave and loaned out 241 BTC to buy ETH.

CointimeCointime2024/01/10 14:26
By:Cointime

As monitored by The Data Nerd, 9 hours ago, a whale named James Fickel withdrew 20,000 ETH (approximately $47.4 million) from Coinbase and exchanged it all for stETH. He then deposited the stETH into Aave and borrowed 241 BTC (approximately $11.09 million) to buy ETH.

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