A major Ethereum holder, known as the "66,000 ETH borrowed whale," has withdrawn 199,720 ETH, valued at approximately $632.47 million, from Aave V3. The whale subsequently transferred 44,000 ETH, worth $140.24 million, to Binance. This move suggests the whale is beginning to close its long position on Ethereum, which is currently facing an estimated loss of $70 million.