Insider Whale Moves $220 Million to Binance from Aave

On December 1, 2025, the “1011 Flash Crash Shorter Insider Whale” borrowed 220 million USDT from Aave, transferring it to Binance across three major addresses.

This activity highlights potential market volatility risks and raises concerns about large-scale shorting strategies impacting Bitcoin and Ethereum prices.

Whale’s $220M Transfer Exposes Market Liquidity Risks

The whale’s addresses—0xf6fd, 0xF744, and 0x4116—gained notoriety for profiting during the October 11 flash crash through significant margin trades involving BTC and ETH. This entity transferred 220 million USDT borrowed from Aave to Binance, where it continues to hold over 500 million USD on-chain assets.

These large-scale asset flows exert pressure on market liquidity. By moving assets to centralized exchanges like Binance, the whale impacts BTC and ETH price dynamics. Traders are observing closely, anticipating potential market volatility influenced by these transfers.

“The activity from the 1011 Insider Whale’s addresses clearly shows strategic short positioning before the flash crash, raising questions about market manipulation.” – Ai Auntie, On-chain Analyst, Twitter

BTC and ETH Prices Waver as Analysts Eye Regulatory Moves

Did you know? The “1011 Insider Whale” executed the largest-known short position during the flash crash, influencing market dynamics significantly.

From CoinMarketCap data, Bitcoin (BTC) is priced at $86,312.92 with a market cap of 1.72 trillion USD, reflecting a market dominance of 58.63%. The 24-hour trading volume reached 64.41 billion USD, resulting in a 5.33% decrease over the past 24 hours. Price trends show a 27.35% drop over 60 days.

Insights from Coincu’s research team suggest potential increased regulatory scrutiny given the whale’s activity. Past behavior indicates risk of larger market ripple effects. Analysts highlight possible reactions from regulators, yet no official announcements were made from entities like the SEC as of this reporting.