Whale Moves 30,000 stETH for $85M USDC Deposit into Aave V3, Retains $194M in ETH Holdings
2025-07-10 03:04:59
Main Idea
A whale or institutional investor liquidated 30,000 stETH for 85.42 million USDC and deposited it into Aave V3, while retaining 70,004 ETH valued at over $194.5 million, demonstrating significant liquidity management and risk diversification.
Key Points
1. A whale or institutional investor sold 30,000 stETH for approximately 85.42 million USDC.
2. The investor deposited 85.44 million USDC into the Aave V3 protocol.
3. The entity still holds 70,004 ETH, valued at over $194.5 million.
4. The transaction highlights ongoing liquidity management and risk diversification by major market participants.
5. The involved addresses are provided for transparency: `0xd8d041705735cd770408ad31f883448851f2c39d` and `0x2aaf355c820676c104bd00ee6c506fa05998dda2`.
Description
On July 10, data from OnchainLens revealed a significant transaction involving a whale or institutional investor who liquidated 30,000 stETH, converting it into roughly 85.42 million USDC. Subsequently, the investor
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