Whale 0x17b just withdrew 3,461 ETH ($7.02M) from Binance at $2,026:

• transaction: 0x249168836510e11c069787aac4040137486719af379932fa917b6b4615d24d2d
• address: 0x17b800104efd542b7aa157f6e7e610dd7688fd19

Notably:

• The whale's wallet was created on January 13, 2025 (2 months ago), but this marked its first significant ETH accumulation.
• The whale supplied all ETH to Aave to borrow 3M USDT and deposited the stablecoins into Binance.

Over the past hour, three whale wallets withdrew 14,217 ETH from Binance at an average price of $2,036 (totaling $28.95M), supplied it to Aave to borrow 12M USDT, and then deposited the stablecoins back to Binance and OKX as the ETH price reclaimed $2,000.

Fig 1. Whale 0x17b withdrew 3,461 ETH ($7.01M) from Binance just now.

Fig 2. Three whales withdrew 14,217 ETH ($28.95M) from Binance and then supplied it to Aave to borrow 12M USDT in the past hour (visualizer).