[Bitfinex Address Makes Big Loan to Join Steble's Deposit Activity] No wonder I saw a suspected Bitfinex address last night making a huge move on Aave, staking 300,000 ETH ($1.17 billion) to borrow $500 million USDT and transferring it out. I was wondering what they needed so much USDT for. Turns out it was to participate in Steble's $825 million USDT deposit activity as an 'early deposit'... Hmm, deposit first, then announce the event. For an $825 million USDT deposit activity, at least $500 million was 'pre-arranged,' right? Suspected Bitfinex address that deposited $500 million USDT early: https://(debank.com)/profile/0xc6badce2f5e10db90d74dbe023768259ec4699c7 This wallet had previously deposited $200 million USDT into Plasma to boost TVL when Plasma's mainnet launched at the end of September. To deposit into Steble, they redeemed that $200 million USDT from Plasma yesterday. Both Plasma and Steble are projects backed and supported by Bitfinex.