The founder of Synthetix deposited 3.5 million LDO into Aave and borrowed 2.01 million USDT
On February 4th, according to @ai_9684xtpa monitoring, four hours ago, Synthetix founder Kain Warwick (@kaiynne) transferred 3.5 million LDO tokens to address 0x2D9...e465B (worth $9.52 million), then deposited them into Aave and borrowed 2.01 million USDT. Three years ago (2020.12.27), Kain received 5 million LDO tokens from the Lido project team as an individual investor, of which 1 million tokens have been deposited into a centralized exchange (CEX), and the remaining 4 million LDO tokens have not been sold yet.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
S&P 500 index futures rise 0.2%
Adam Tech: Launchpad trading volume hit a new low last week

Data: Hyperliquid platform whales currently hold $4.576 billions in positions, with a long-short ratio of 0.93