
A whale expanded its leveraged staking activity, withdrawing over $100 million in ETH from Binance after prior stETH and Aave transactions, signaling aggressive accumulation in liquid staking positions.
A whale wallet has withdrawn 32,395 ETH worth about $103.75 million from Binance, following earlier leveraged staking operations involving Lido and Aave. Previously, the address withdrew 10,057 ETH, staked it on Lido to receive stETH, deposited into Aave, borrowed 45 million USDT, bought an additional 13,461 stETH, and redeposited them into Aave. This indicates continued aggressive building of stETH positions through liquid staking and decentralized borrowing.