A whale or institutional investor liquidated $43.35 million in ETH, depositing the proceeds into Aave V3 in USDC, while retaining significant ETH and stablecoin reserves.
A whale or institution sold 10,000 ETH worth $43.35 million via Wintermute OTC, and deposited the proceeds as USDC into Aave V3. The entity still holds 10,003.66 ETH valued at $43 million and maintains $535 million in USDC on Aave V3, indicating continued exposure to both ETH and stablecoins.