According to latest monitoring by on-chain analyst Ai Auntie (@ai_9684xtpa), a notable crypto whale has once again caught market attention. This entity withdrew 30,000 ETH from Binance on January 27 using address 0xcA0…b2998, which equates to approximately $87.81 million at current prices.
This movement is part of a larger accumulation pattern. Starting from yesterday, the whale has repeatedly withdrawn ETH from exchanges, accumulating a total of 148,000 ETH valued at an impressive $427 million.
Beyond simple accumulation, the whale is also actively engaging in DeFi strategies. Currently, it has borrowed $240 million worth of stablecoins from Aave platform through ETH collateral, deploying them into leveraged long positions. Data shows the position maintains a health factor of 1.49 with a liquidation price at $1,953.09.
These sophisticated operations have sparked market speculation, with analysts suggesting the whale might be positioning for anticipated market volatility or executing complex arbitrage strategies. Given its capital scale and operational patterns, this whale's movements warrant continued investor attention.