Just detected an interesting on-chain operation: a Whale address holding a large amount of BTC suddenly made a big move.
This Address has deposited 126,300 ETH into Aave, which is approximately 359 million USD. After using this batch of ETH as collateral, they directly borrowed 120 million USDT, and then—transferred it all to a certain leading exchange.
What's more interesting is the subsequent operation: almost at the same time, a newly created wallet withdrew 42,200 ETH from the same exchange, worth about 120 million USD. The entire operation took place within 12 minutes.
This operation path is quite intriguing. First, collateralize ETH to borrow stablecoins, then the stablecoins go to the exchange, and immediately a new Address withdraws ETH from the exchange. Is this a handover? Or is it part of some other strategy?
On-chain data doesn't lie, but the true intentions of whales are always a mystery.
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HashBard
· 14h ago
tbh this smells like pure narrative theater... whale depositing, borrowing, fresh wallet pulling out in 12 mins? that's not strategy, that's choreography. the onchain data tells the story but never the *why*, and honestly? that's where all the real money hides anyway
Reply0
OPsychology
· 12-01 13:47
3.59 billion US dollars changed hands in 12 minutes? This technique... is something, definitely showing off.
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GasWastingMaximalist
· 12-01 10:37
$359 million moved in 12 minutes, this guy really doesn't treat gas fees as money, can you leave me some soup to drink?
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GweiWatcher
· 12-01 10:37
In 12 minutes, 350 million was moved. What's this guy playing at... tax evasion? Money Laundering? Or is he just afraid of being monitored and therefore changing Wallets?
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AirdropAutomaton
· 12-01 10:27
3.59 billion in 12 minutes? This guy really doesn't treat money as money, whether it's turnover or Whipsaw, who knows.
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AirdropHunter420
· 12-01 10:27
Wow, this technique is quite remarkable, completing the transfer in 12 minutes? It feels like paving the way for some Large Investors for Money Laundering...
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GateUser-a5fa8bd0
· 12-01 10:26
In 12 minutes, 359 million was transferred, this Whale is really fierce... but this trap feels a bit familiar, it seems like they're moving funds before some big event.
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MysteryBoxOpener
· 12-01 10:09
A 359 million USD on-chain dance in 12 minutes, this technique is incredible... A new Address suddenly appears to catch a falling knife, why does it feel a bit like Money Laundering?
Just detected an interesting on-chain operation: a Whale address holding a large amount of BTC suddenly made a big move.
This Address has deposited 126,300 ETH into Aave, which is approximately 359 million USD. After using this batch of ETH as collateral, they directly borrowed 120 million USDT, and then—transferred it all to a certain leading exchange.
What's more interesting is the subsequent operation: almost at the same time, a newly created wallet withdrew 42,200 ETH from the same exchange, worth about 120 million USD. The entire operation took place within 12 minutes.
This operation path is quite intriguing. First, collateralize ETH to borrow stablecoins, then the stablecoins go to the exchange, and immediately a new Address withdraws ETH from the exchange. Is this a handover? Or is it part of some other strategy?
On-chain data doesn't lie, but the true intentions of whales are always a mystery.