A major whale withdrew 3,500 ETH from Coinbase and borrowed funds to purchase 3,386 ETH.
According to on-chain analytics platform Lookonchain (@lookonchain), the whale address 0xf0e0 withdrew 3,500 ETH (approximately $8.24 million) from Coinbase and deposited it into Aave, subsequently borrowing $8 million in USDC and repurchasing 3,386 ETH at an average price of $2,363—further expanding its total holdings.
