Mystery Whale Moves $417M Ethereum to Aave on Christmas

Mystery Whale Moves $417M Ethereum to Aave on Christmas

An incredible 125,000 ETH, worth $417 million, was transferred into Aave, a prominent decentralized finance (DeFi) platform, on December 25 by a crypto whale associated with the exchange HTX. Aave has acquired popularity because of its flash loans, overcollateralized loans, and recent technology advancements. It is well-known for facilitating lending and borrowing across 13 blockchain networks. Lucas Outumuro, Head of Research at Intotheblock....

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