2026-01-20 04:22:18

According to on-chain monitoring data, a well-known research institution borrowed 10 million USDT from the Aave protocol 5 minutes ago and subsequently deposited the funds into a leading exchange. This operation has attracted market attention.

Based on the latest position data, the institution currently holds 626,778.65 ETH, with a total market value of $1.94 billion. Notably, its average cost basis is approximately $3,105.5, and at the current price level, it has realized an unrealized profit of $53.52 million. This figure reflects the institution's long-term optimism towards Ethereum.

From the lending activity, it appears that the institution's liquidity needs in the stablecoin market may have changed. While the scale of the 10 million USDT loan is not huge, considering its large ETH holdings, it may suggest adjustments in asset allocation or preparations for subsequent market actions.

ETH-4,66%

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AlwaysQuestioning

· 9h ago

Starting to borrow stablecoins again? Is this guy about to make a move?

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GasFeeCrybaby

· 9h ago

Here they come again. When big players move, the market starts guessing what they want to do. Is 10 million USDT worth monitoring? They really think of themselves as influencers.

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CounterIndicator

· 10h ago

Coming back with this again? Borrow some USDT to create a buzz. It seems that big players also have to rely on this to attract attention... By the way, the entry price at 3105, this unrealized profit really isn't bad.

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