Data: BTC OG insider whale's new address withdraws 11,000 ETH from Binance and deposits into Aave

According to on-chain data, a new address of the BTC OG insider whale withdrew 11,000 ETH from Binance again 1 hour ago and deposited it into Aave, with no new actions reported yet.

This address has withdrawn a total of 22,000 ETH from Binance in 2 transactions within the past 3 hours, all of which have been deposited into Aave. In one of the withdrawals, 30 million USDC was withdrawn from Aave and deposited into Binance, suspected to be part of a circular lending operation.

Currently, this address holds 83,000 ETH on Aave, valued at 240 million USD, and has borrowed 120 million USDC, with a health factor currently reported at 1.66.