An address withdrew 10,057 ETH from a major exchange and transferred it to the Lido ecosystem for staking, receiving an equivalent amount of stETH. Subsequently, the address used the obtained stETH as collateral in the Aave lending protocol and successfully borrowed 45 million USDT. Interestingly, the borrowed USDT was not withdrawn but immediately flowed back into the market to buy 13,461 stETH. This series of operations demonstrates the sophisticated capital allocation strategy of whale addresses in the DeFi ecosystem—earning yields through staking and leveraging borrowing to expand position size.
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GoldDiggerDuck
· 3h ago
It's the same old trick again: staking - lending - leverage. The whales are playing it slick.
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WhaleMistaker
· 7h ago
This whale is really incredible. The borrowed money isn't withdrawn but is directly reinvested, just playing with leverage like that... I can't help but break out in a cold sweat watching it.
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MEVHunter
· 7h ago
Directly looping stETH staking in Aave... This guy doesn't want to close the position at all, he's just betting on the price difference in borrowing costs during ETH's bullish trend. How optimized are the gas fees? 45 million USDT quickly flows back to buy stETH. I've seen this trick too many times.
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TopEscapeArtist
· 7h ago
Look at this move... Tsk, a typical leverage stacking, right? On the technical side, this is just preparing for a decline, isn't it? Staking + lending + buyback, layer upon layer of leverage... Isn't this the complete routine I use before bottom-fishing at high levels? Haha
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SneakyFlashloan
· 7h ago
This whale is clearly leveraging, borrowing directly to buy stETH, diluting the cost—there's definitely something to it.
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SignatureDenied
· 7h ago
This move is really awesome, borrowing the money and directly reinvesting it to buy stETH, leveraging on top of leverage.
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NFTArchaeologis
· 7h ago
This operational logic is somewhat like medieval craftsmen's "barter"... Borrowed money is immediately used to buy stETH, seemingly a closed loop but actually betting on the yield spread. It's a bit ruthless.
An address withdrew 10,057 ETH from a major exchange and transferred it to the Lido ecosystem for staking, receiving an equivalent amount of stETH. Subsequently, the address used the obtained stETH as collateral in the Aave lending protocol and successfully borrowed 45 million USDT. Interestingly, the borrowed USDT was not withdrawn but immediately flowed back into the market to buy 13,461 stETH. This series of operations demonstrates the sophisticated capital allocation strategy of whale addresses in the DeFi ecosystem—earning yields through staking and leveraging borrowing to expand position size.