Blockchain analyst @ai_9684xtpa monitored data showing that four hours ago, Synthetix founder Kain Warwick transferred 3.5 million LDO coins to address 0x2D9...e465B (worth $9.52 million) and then deposited them into Aave, borrowing 2.01 million USDT coins. Three years ago, Kain received 5 million tokens from Lido as a personal investor, of which 1 million have been recharged into Binance, and the remaining 4 million have not yet been sold.
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Four hours ago, the founder of Synthetix deposited 3.5 million LDO into Aave and lent 2.01 million USDT.
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