Aave

Ethereum

2024

Foundation

Spot

<ul class="news-points"> 
 <li><strong>An entity withdrew $46.02 million worth of Ethereum (ETH) from Binance and Bitfinex at $2,419 per ETH.</strong></li> 
 <li><strong>Five wallets from the entity withdrew 50.15 million USDT strategically alongside acquiring $46.02 million worth of ETH.</strong></li> 
 <li><strong>The Aave community voted in favor of a proposal by the Neon Foundation and Aave Chain Initiative (ACI) with an 83% majority.</strong></li> 
</ul> 
<p>In a recent tweet by on-chain analyst SpotOnChain, an entity made substantial <a href="https://coinedition.com/what-is-ethereum-complete-guide-to-the-2nd-largest-blockchain-project/">Ethereum (ETH)</a> withdrawals and subsequent staking activity. Meanwhile, Aave, a prominent decentralized finance (DeFi) platform, is on the verge of a major upgrade.</p> 
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   <p lang="en" dir="ltr">Over the past 2 days, an entity with 8 wallets withdrew $46.02M in <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a> from <a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Binance</a> and <a href="https://twitter.com/hashtag/Bitfinex?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Bitfinex</a> at ~$2,419, then staked with <a href="https://twitter.com/hashtag/Lido?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Lido</a>:<br><br>– 5 wallets withdrew 50.15M <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$USDT</a> from <a href="https://twitter.com/hashtag/Aave?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Aave</a> to CEX for 19,021 <a href="https://twitter.com/search?q=%24ETH&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$ETH</a> ($46.02M).<br><br>– 3 wallets still hold ~30M <a href="https://twitter.com/search?q=%24USDT&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$USDT</a> in <a href="https://twitter.com/hashtag/Aave?src=hash&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">#Aave</a> and may deposit it… <a href="https://t.co/vqPYTTaWjT" target="_blank" rel="nofollow">pic.twitter.com/vqPYTTaWjT</a></p>— Spot On Chain (@spotonchain) <a href="https://twitter.com/spotonchain/status/1749707166356025466?ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">January 23, 2024</a>
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<p>Over the past two days, a crypto entity utilizing eight wallets executed a noteworthy movement. This entity withdrew $46.02 million worth of ETH from two major exchanges, Binance and Bitfinex. The withdrawals occurred at a price p…</p>
<p>The post <a href="https://coinedition.com/whale-moves-46-02m-in-eth-while-aave-nears-sol-integration/">Large ETH Withdrawals and Staking Occur as Aave Prepares for Major Upgrade</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.</p>

Large ETH Withdrawals and Staking Occur as Aave Prepares for Major Upgrade

Coin Edition

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