PANews reported on January 26 that, according to Onchain Lens monitoring, a newly created wallet address, 0xA75, purchased 11,000 ETH (approximately $31.78 million) from Binance and used it as collateral on Aave V3. It then borrowed the equivalent of $30 million in USDC and returned the money to Binance to purchase more ETH. Currently, this address holds approximately 72,000 ETH (approximately $208.5 million).