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A certain newly created address transferred 3000 ETH from CEX, and deposited it into Aave and Compound to borrow 3 million USDC

A certain newly created address transferred 3000 ETH from CEX, and deposited it into Aave and Compound to borrow 3 million USDC

Bitget2025/04/15 10:51

According to Lookonchain monitoring, a newly created address withdrew 3,000 ETH (4.92 million USD) from CEX 5 hours ago and deposited it into Aave and Compound. It then borrowed 3 million USDC and deposited it back into CEX, possibly to buy more ETH.

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