Analysis: Whale Transferring 200,000 ETH Has Not Sold, Funds Flow to Aave and Plasma
BlockBeats News, on September 26, according to monitoring by EmberCN, the whale that transferred 200,000 ETH did not sell. Among them, 100,000 ETH continued to be transferred to the "0xc6b...9c7" address and was subsequently deposited into Aave for staking to earn yield. Another "0xc6b...9c7" address deposited 100,000 ETH into Aave, borrowed 1 million USDT, and then deposited it into Plasma to earn yield.
According to EmberCN's analysis, these ETH may belong to Bitfinex, but it is unclear whether they are user assets or Bitfinex's own holdings. In addition, Bitfinex is an investor in Plasma.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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