New Wallet Moves 10,057 ETH From Binance Into Lido, Aave

A newly created wallet withdrew 10,057 ETH, worth about $33.68 million, from Binance before staking the funds on Lido and using the resulting stETH as collateral on Aave, according to on-chain data compiled by Lookonchain. The wallet then borrowed 45 million USDT on Aave and used the proceeds to acquire additional stETH, the data shows.