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A giant whale transferred 482 million USDC into Binance last night and returned 144,255 ETH from Binance this morning

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2025-11-05 01:08:54
According to the chain analyst Ember monitoring, in 10/20 large-scale borrowing 66,000 ETH to sell short, yesterday bought back repayment profit 24.48 million dollars giant whale/institution, it should be a big shift to do more:
From last night to this morning, he transferred a total of 482 million USDC to Binance, and then withdrew 144,255 ETH from Binance, with an average price likely to be $3,341.
These USDCs are the collateral he borrowed ETH to sell short last month: he took out 700 million USDC from Binance and borrowed 66,000 ETH on Aave to sell short. After repaying ETH yesterday, he took back the USDC collateral and started buying ETH.
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