According to @OnchainLens, the address labeled as the 66,000 ETH borrowed whale withdrew 199,720 ETH worth about $632.47M from Aave V3, indicating a major position change (source: Onchain Lens). The same source reports the whale transferred 44,000 ETH worth about $140.24M to Binance shortly after (source: Onchain Lens). @OnchainLens adds that the whale appears to be starting to close its ETH long and is currently facing an estimated ~$70M loss (source: Onchain Lens). Traders often monitor large exchange-bound inflows because they can increase near-term sell-side liquidity if sold, a relationship frequently highlighted by on-chain analytics firms such as Glassnode (source: Glassnode).