According to Emmett Gallic, the early Ethereum whale associated with the cryptocurrency exchange BTSE settled its debt on the decentralized lending platform Aave after transferring 500 million USDT from Stable across the chain. It is not clear why the entity put the funds into the Concrete pool in the first place.
The entity's current collateral on the Aave platform includes 278,000 Ethereum (worth $886 million) and 447,000 Ethereum positions it has held for up to 10 years (worth $1.30 billion).
An Ethereum whale will transfer 500 million USDT from Stable across the chain and pay off the debt on Aave
2025-12-17 03:03:40
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