Whale Transaction Alert: 40,000 ETH Moved from Bitfinex to Aave and Binance

According to recent data from COINOTAG, on-chain analytics revealed that a significant whale address beginning with 0xEd0 executed a notable withdrawal of 40,000 ETH from Bitfinex. This transaction, which occurred approximately two hours ago, amounted to roughly $133 million, with an average price of $3,326.7 per ETH. Following this sizable withdrawal, the investor transferred 20,000 ETH into Aave and subsequently secured a loan of 40 million USDC. Notably, the entire amount has since been transferred to Binance, potentially indicating a strategic move towards liquidity and market positioning.

Source: https://en.coinotag.com/breakingnews/whale-transaction-alert-40000-eth-moved-from-bitfinex-to-aave-and-binance/