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Dormant ETH Whale Adds 686 ETH After $2M Loan

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ETH news: On January 26, a long-dormant Ethereum whale deposited 2,000 ETH ($5.76 million) into Aave V3 to borrow $2 million in USDC and purchase 686 ETH. The whale now holds 10,759 ETH across three wallets, valued at $31.24 million. This ETH update indicates renewed activity after two years of inactivity.

BlockBeats news: On January 26, according to Onchain Lens monitoring, after two years of inactivity, a whale deposited 2,000 ETH (worth $5.76 million) into Aave V3, borrowed $2 million in USDC, and used the funds to purchase 686 ETH.


Currently, the whale holds 10,759 ETH across 3 different wallets, valued at $31.24 million.

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