A mere ten hours ago, this address executed a shrewd exchange, converting a portion of its acquired Ethereum (ETH) from its August 17 purchase into staked Ethereum (stETH). This seemingly calculated move was followed by the seamless deposit of the stETH assets into the AAVE lending platform. The result? A staggering 10 million USDT lent to none other than the renowned Binance exchange.
smartestmoney.eth 老哥这是准备要上杠杆吗？
10 小时前，他将 8/17 以来买入的 $ETH 换成 $stETH ，然后存入 #AAVE 借出 1000 万 USDT 转到币安。
老哥这是要准备继续买入 ETH 吗？
推文由 @Bitget_zh 赞助 https://t.co/Fsq4ucMVCh pic.twitter.com/o33McoYRWq
— 余烬 (@EmberCN) August 23, 2023
As yesterday’s headlines reveal, the “smartestmoney.eth” address has been on a dynamic trajectory since its August 17 ETH purchase. Withdrawing a grand total of 14,275 ETH (equivalent to a substantial $24.45 million) from the Binance exchange, the address has not only showcased its strategic acumen but also amassed a significant fortune in the process. All indications point to an average purchase price around $1,713, solidifying the financial prowess of the mastermind behind the address.
Ember’s keen supervision and the address’s calculated moves underscore the intricate nature of cryptocurrency dealings. The crypto world, notorious for its volatility, is an arena where meticulous planning and timely execution can yield substantial gains. As analysts and enthusiasts alike continue to dissect and analyze the implications of these transactions, the “smartestmoney.eth” address remains a prime example of harnessing the potential of digital assets.
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