At first glance, it looked like a whale heading for the door. But zoom in, and the story changes completely. Over the past three hours, wallet 0xA339d279E0A3a9EDe11ecEAC2ec9529EeBDAE12C sold 5,306 #ETH around $2,970, freeing up about $15.76M, not to flee the market, but to clean the slate. Every outstanding loan was fully repaid.
With leverage wiped out, the next move came fast. The wallet pulled 24,700 #eth (roughly $74.41M) out of #AAVE , briefly exposing the full position. Then, two hours ago, another 4,700 ETH was sold for $14.07M, likely tightening risk and locking in liquidity.
And just when it started to look like distribution, the final move flipped the narrative again. 20,000 ETH went straight back into Aave, re-staked with no borrowed pressure attached.
On-chain, it reads less like a sell-off and more like a whale repositioning for whatever comes next.
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Not an Exit, a Full Reset in $ETH .
At first glance, it looked like a whale heading for the door. But zoom in, and the story changes completely. Over the past three hours, wallet 0xA339d279E0A3a9EDe11ecEAC2ec9529EeBDAE12C sold 5,306 #ETH around $2,970, freeing up about $15.76M, not to flee the market, but to clean the slate. Every outstanding loan was fully repaid.
With leverage wiped out, the next move came fast. The wallet pulled 24,700 #eth (roughly $74.41M) out of #AAVE , briefly exposing the full position. Then, two hours ago, another 4,700 ETH was sold for $14.07M, likely tightening risk and locking in liquidity.
And just when it started to look like distribution, the final move flipped the narrative again. 20,000 ETH went straight back into Aave, re-staked with no borrowed pressure attached.
On-chain, it reads less like a sell-off and more like a whale repositioning for whatever comes next.