Data: A certain whale withdrew 20,000 ETH from Coinbase and converted all of it to stETH, then borrowed to purchase ETH through Aave

ChainCatcher news, according to The Data Nerd monitoring, James Fickel (founder of Amaranth Foundation) withdrew 20,000 ETH (approximately $47.4 million) from Coinbase 9 hours ago, and converted all of it to stETH. Subsequently, he deposited the stETH into Aave and borrowed 241 BTC (approximately $11.09 million) to purchase ETH.

It is reported that the Amaranth Foundation is an organization that funds longevity and neuroscience research.