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The founder of Synthetix deposited 3.5 million LDO into Aave and borrowed 2.01 million USDT

The founder of Synthetix deposited 3.5 million LDO into Aave and borrowed 2.01 million USDT

2024/02/04 14:12

On February 4th, according to @ai_9684xtpa monitoring, four hours ago, Synthetix founder Kain Warwick (@kaiynne) transferred 3.5 million LDO tokens to address 0x2D9...e465B (worth $9.52 million), then deposited them into Aave and borrowed 2.01 million USDT. Three years ago (2020.12.27), Kain received 5 million LDO tokens from the Lido project team as an individual investor, of which 1 million tokens have been deposited into a centralized exchange (CEX), and the remaining 4 million LDO tokens have not been sold yet.

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