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2026-04-16 09:02:06

Techub News reports that, according to Lookonchain monitoring, the address starting with 0xf0e0 recently withdrew 3,500 Ethereum (worth approximately $8.24 million) from Coinbase and deposited it into the Aave protocol.

Subsequently, the address used the deposited Ethereum as collateral to borrow 8 million USDC from Aave, and bought back 3,386 Ethereum at an average price of $2,363.

ETH0.45%

AAVE4.94%

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