A post by @whale_alert on X.
120,120,120 $USDT (120,036,636 USD) transferred from #Aave to #Bitfinex
@whale_alert on X
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A wallet moved 120,120,120 USDT—worth roughly $120.04 million—from the Aave lending protocol to the Bitfinex exchange, according to Whale Alert. The transfer is notable for its size and direction, since tokens leaving a DeFi pool for a centralized exchange can signal intent to trade or reposition collateral rather than keep earning lending yield. It also drains a meaningful chunk of stablecoin liquidity from Aave, though the pool remains deep relative to the withdrawal. Traders will watch Bitfinex order books and Aave's USDT utilization and borrow rates for signs of whether the funds are deployed into spot or derivatives positions or simply parked.
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Named in this story
USDT, Bitfinex, Aave (AAVE), Whale Alert
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