PANews reported on July 5 that according to monitoring by on-chain analyst Ember, a previously reported whale/institution has transferred a total of 33,099 ETH (approximately US$96.24 million) to Binance for sale, and then withdrew US$83.43 million in stablecoins from Binance to repay loans on Comppund and Aave.

He currently has a loan of 48.37 million US dollars on the lending platform, and his collateral is 31,269 ETH (about 89.36 million US dollars).

Earlier news said that the above-mentioned whale/institution transferred 11,429 ETH to Binance at noon, equivalent to approximately US$33.2 million.