According to BlockBeats, @ai_9684xtpa monitored that in the past 3 hours, a whale/institution withdrew 6,574 ETH (about 17.65 million US dollars) from exchanges such as Binance, with an average price of 2,684 US dollars.

It then deposited ETH into Aave and borrowed 16 million USDT, which has now been recharged back to Binance.