According to Mars Finance, Onchain Lens monitoring shows that a whale address exchanged 240.44 Bitcoins (approximately $15.7 million) for 8,152 Ethereum, an exchange rate of 0.02945. This address deposited these Ethereum into the lending protocol Aave, borrowing $360 million USDT on a revolving basis, and purchased 17,283 Ethereum at $2,083. Currently, this whale holds 25,434.5 Ethereum, with a total value of approximately $52.45 million.
The whale address exchanged 240.44 BTC for Ethereum via ThorChain, and then used Aave lending to purchase more Ethereum.
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