A whale, evidently bullish on ETH, recently withdrew 6,030 ETH (equivalent to $18.09M) from OKX, marking another move in their ongoing accumulation strategy.

Over the past few days since May 2, this whale has significantly increased their ETH holdings, amassing a total of 10,758 ETH (approximately $32.14M).

The whale's strategy appears to involve leveraging their ETH holdings for further accumulation. They initiated a swap of ETH to stETH and subsequently deposited it into Aave. Following this, they borrowed $28.5M worth of stablecoins from Aave, presumably to facilitate additional purchases of ETH.

This series of transactions suggests a sophisticated and bullish approach by the whale, leveraging lending platforms to strategically expand their ETH holdings.

Address: 0x1df0bae09402cb59132c1db349df882d01ca8ee9