AiCoin|Apr 21, 2026 02:49
[Whale Arbitrage on Aave aEthWETH Discount Nets 143 ETH]
According to on-chain analyst Ember (@EmberCN), due to Aave suspending WETH withdrawals, the deposit certificate aEthWETH experienced a discount. Whale address 0x8ad withdrew 13,000 ETH (approximately $30 million) from an exchange, purchased 13,100 aEthWETH via Swap, and then repaid its ETH loan on Aave at a 1:1 ratio, netting 143 ETH (approximately $330,000).
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