A whale has deposited $39.2 million worth of assets into Aave as collateral, but has not borrowed against them yet.

July 25th, according to Onchain Lens monitoring, a whale address deposited assets worth approximately $39.2 million into Aave in the past 4 hours and used them as collateral. The current Aave portfolio of this address includes:

18,000 ETH, worth approximately $33.4 million;

5.78 million USDC.

Currently, this address has not borrowed any funds against the collateralized assets, with a borrow balance of 0. On-chain data shows that the whale address is 0xA92C80B3962F10e063Ad5463f996fe414F0E1F66.