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Don't remind me again today

Early this morning, a large on-chain operation worth following appeared.



A well-known crypto investor withdrew 45,000 Ethereum from the AAVE protocol, worth approximately $154.5 million at current prices. These ETH were then all transferred to the Lido protocol for staking operations.

Interestingly, based on public wallet data, the total value of Ethereum held by this investor has reached $534 million, even surpassing the value of his TRX holdings (approximately $519 million). It's worth noting that TRX is the core asset of his own ecosystem, so this change in holding structure is quite intriguing.

From a DeFi operational perspective, transferring assets from a lending protocol to a staking protocol may be an adjustment of the yield strategy. After all, the annualized yield of current ETH staking is relatively stable, and it also maintains the liquidity of the assets.
AAVE0.46%
ETH-1.17%
TRX-0.12%
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SadMoneyMeowvip
· 1h ago
Well, having money means being willful~
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FantasyGuardianvip
· 8h ago
This operation is quite slick.
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DustCollectorvip
· 19h ago
I have a feeling there's some big news coming.
View OriginalReply0
MercilessHalalvip
· 19h ago
Wow... Looks like big brother has lost confidence in TRX.
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GasFeeLovervip
· 19h ago
Borrowing and pledging? Even the big players are starting to bail out.
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SnapshotDayLaborervip
· 19h ago
Oh, the Whale's move is a bit impressive!
View OriginalReply0
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