1 min read
Add as a preferred source on Google

Ether (ETH) Buyer Spends $21.55 Million as Another Wallet Withdraws 16,577 ETH Over a Week

One address borrowed 22 million USDT on Aave before buying 10,000 ETH at $2,155 each. A second address's 16,577 ETH total spans a week of withdrawals from Binance.

Mentioned assets
A silver coin rests between two channels cut into a charcoal slab / TokenPost.ai
A silver coin rests between two channels cut into a charcoal slab / TokenPost.ai

During Ether’s decline, one address borrowed 22 million USDT on Aave and bought 10,000 ETH, while another withdrew 16,577 ETH from Binance over a week.

The buying address spent $21.55 million for the ETH at $2,155 per coin after borrowing the USDT from Aave.

The second address's 16,577 ETH total covers withdrawals from Binance over the past week, rather than a single transfer. The address also withdrew 3,500 ETH, valued at $7.53 million, at about 9:39 p.m. ET Sunday (02:39 UTC Monday).

Enna Lee

Reporter

Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Loading…