Suspected exchange address collateralized 300,000 ETH to borrow 500 million USDT to participate in Steble pre-deposit activity
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According to Jinse Finance, Ember monitoring shows that a suspected exchange address has collateralized 300,000 ETH (approximately $1.17 billions) on Aave to borrow 500 millions USDT and transferred it out. These funds may be used to participate in Stable's pre-deposit activity.
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