On July 9, according to on-chain analyst Onchain Lens (@OnchainLens), a whale/institution that previously profited $30 million from Ethereum transactions has sold 33,582 Ethereum for $2,512, exchanging it for $85.38 million USDC, and subsequently deposited these funds into the Aave V3 protocol. This whale still holds 100,000 Ethereum, worth $261.2 million, which are currently staked through the Lido protocol.