Crypto Whale Resurfaces with $1M USDT Loan via Aave V3

A significant crypto whale has re-entered the scene, demonstrating a notable resurgence in activity. Onchain Lens reports that this dormant whale moved $ETH coins worth over $15.43 million to Aave V3, securing a $1 million USDT loan just three days ago. The wallet address, known as ‘0x629…..129bb’, is responsible for this bold move after a 9-month break from on-chain activities. This substantial transaction involved the extraction of 6,055 ETH worth approximately $15.43 million from an active OKX hot wallet. The funds were subsequently divided into three separate transactions of 1,070, 2,700, and 2,280 ETH respectively. This significant influx of capital suggests the whale is preparing for a large-scale operation.