#ETH $ETH
3 hours ago, the same whale address has again shown large transactions: withdrawing 14,985 ETH from Binance exchange, worth approximately 44.03 million USD, with an average cost price of about 2,938 USD. Subsequently, this batch of ETH was transferred to AAVE for staking and continued to repurchase ETH through lending.
On-chain data shows that this address has additionally purchased 31,394 ETH through this round of staking and lending operations. In total, this whale has withdrawn 46,379 ETH from Binance in a short period, corresponding to a value of approximately 137 million USD, with an average price of about 2,955 USD per ETH.
Overall, this is a typical leveraged operation path of "staking - lending - repurchasing", indicating that this address is not selling in the short term but is using DeFi leverage to continually increase its ETH holdings, showing a clear bullish attitude towards the medium to short-term market.