Lido Founder Borrows 85 Million USDT from Aave to Purchase ETH

2025.07.29 12:16:23

On July 29th, as per the monitoring of LookOnChain, Konstantin Lomashuk, the founder of Lido, borrowed 85 million USDT from Aave to purchase ETH. He borrowed 85 million USDT from Aave and then transferred 80 million USDT to Amber Group. Amber Group deposited 80 million USDT into the trading platform and withdrew 15,814 ETH (equivalent to 59.75 million USD) from the trading platform.

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