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Whale Almost Completes 66,000 ETH Repayment to Aave V3, Secures $26.9M Profit
Gate News bot message, A significant DeFi transaction has concluded as a crypto entity nears completion of repaying 66,000 ETH borrowed from Aave V3. The entity initially supplied $610.2M USDC to borrow the ETH when it was trading at $4,032, and transferred the assets to centralized exchanges.
In recent developments, the entity has repaid 64,043 ETH, valued at $231.37M. Previously, as reported by Onchain Lens, the entity had moved 20,021 ETH ($78.15M) back to one of its wallets from centralized exchanges, with the total operation resulting in a $26.9M profit.