An Ethereum whale transferred 500 million USDT from Stable across chains to repay debts on Aave.

according to Emmett Gallic's monitoring, this early Ethereum whale associated with the cryptocurrency exchange BTSE settled its debt on the decentralized lending platform Aave after transferring 500 million USDT out of Stable via cross-chain.

It is currently unclear why this entity initially invested funds into the Concrete liquidity pool.

The entity's current collateral assets on the Aave platform include 278,000 Ethereum (worth 886 million USD) as well as a 10-year long position of 447,000 Ethereum (worth 1.3 billion USD).

Comments

All Comments

Recommended for you

Hut 8 Signs 15-Year, $7 Billion Data Center Lease Agreement

Bitcoin mining company Hut 8 announced on the X platform that it has signed a 15-year, $7 billion data center leasing agreement with Fluidstack to rent its 245 MW data center located in the River Bend campus. Additionally, Fluidstack can add up to 1000 MW of capacity during future expansion phases of the campus, with the specific term depending on the installed capacity of the campus.
Zixi.eth ·

RWA Takes Off: When Consumer Behavior Becomes an On-Chain Asset — BeFlow’s Practical RWA Approach to Consumption
BTC breaks through $87,000

the market shows BTC breaking through $87,000, currently at $87,011.85, with a 24-hour increase of 1.01%. The market is highly volatile, please manage your risks accordingly.
The UK plans to include cryptocurrencies under the regulatory scope of financial products starting in 2027.

on the 16th local time, the UK is expected to implement regulation on cryptocurrencies starting from October 2027, referring to the regulatory model of other financial products.
The US spot Solana ETF saw a net inflow of $3.64 million yesterday.

according to SoSoValue data, the US spot Solana ETF had a total net inflow of 3.64 million USD yesterday.
The US FDIC plans to establish an application process for regulated institutions seeking to issue payment stablecoins.

U.S. Federal Deposit Insurance Corporation (FDIC) announced the approval of a proposed rule to establish an application process for institutions seeking to issue payment stablecoins and regulated by the FDIC. A 60-day public comment period has now been opened. It is reported that this is the first formal rulemaking proposal following the passage of the "GENIUS Act" - the "American Stablecoin Innovation Act."
BTC breaks through $88,000

market shows BTC breaking through $88,000, currently at $88,002.21, a 24-hour increase of 1.34%. The market is highly volatile, please manage your risk accordingly.
Bitwise believes 2026 will be a bull market for cryptocurrencies and has released ten predictions.

Bitwise believes 2026 will be a year of a cryptocurrency bull market. From institutional adoption to regulatory progress, the current positive trends in cryptocurrency are too strong to be suppressed for a long time. Here are Bitwise's top ten predictions for the coming year.
China Properties Investment plans to purchase and hold BNB as a strategic reserve asset.

China Real Estate Investment (00736) announced that in order to promote the diversification of the company's asset allocation and seize the opportunities of digital economy development, the company has resolved to use its own funds to purchase and hold BNB (Binance Coin) and other suitable digital assets in the open market, under the premise of complying with relevant laws, regulations, and risk control, as the company's strategic reserve assets. The company is optimistic about the long-term development prospects of the digital asset industry and has full confidence in the operating entity behind BNB, its technology research and development, ecological layout, and industry competitiveness, recognizing its long-term development potential and value growth space in the blockchain field.
Payment infrastructure company Speed1 raises $8 million in funding, led by Tether.

payment infrastructure company Speed1 announced the completion of an $8 million financing round, led by Tether and participated by Ego Death Capital. The company is committed to building instant global settlement channels using the Bitcoin Lightning Network and stablecoins.

Daily Must-Read

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

April 30 - April 30

Dubai

Recently Searched

Hot Coins

Trending

Daily Must-Read

Welcome Back

Join CoinTime

Sign in with email

Sign up with email

Check your inbox

An Ethereum whale transferred 500 million USDT from Stable across chains to repay debts on Aave.

All Comments

Recommended for you

Hut 8 Signs 15-Year, $7 Billion Data Center Lease Agreement

RWA Takes Off: When Consumer Behavior Becomes an On-Chain Asset — BeFlow’s Practical RWA Approach to Consumption

BTC breaks through $87,000

The UK plans to include cryptocurrencies under the regulatory scope of financial products starting in 2027.

The US spot Solana ETF saw a net inflow of $3.64 million yesterday.

The US FDIC plans to establish an application process for regulated institutions seeking to issue payment stablecoins.

BTC breaks through $88,000

Bitwise believes 2026 will be a bull market for cryptocurrencies and has released ten predictions.

China Properties Investment plans to purchase and hold BNB as a strategic reserve asset.

Payment infrastructure company Speed1 raises $8 million in funding, led by Tether.

Daily Must-Read

Strategy won’t be forced to sell Bitcoin if stock drops, Bitwise CIO says

Coinbase CEO Armstrong Says Banks That Don't Adapt Stablecoin Will be 'Left Behind'

DeFi Giant Spark Shelves Crypto App Plans to Focus on Institutional Infrastructure

Saylor shrugs off suggestion Wall Street ‘hurt’ Bitcoin amid latest crash

Senator Tim Scott pushes for December vote on crypto market bill

Nearly 25% of Adults With Internet Access in Asia Might Own Crypto, Report Says

Popular Activities

RaveDAO at Terra Solis by Tomorrowland: A Female-Led Techno Night Where Web3 Culture Converges

Popular Tags

Share