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A wallet linked to U.S. rapper Kanye West withdrew 4,000 ETH worth about $9.39 million from Binance around seven hours ago, deposited it as collateral on decentralized lending protocol Aave, and borrowed an additional 6 million USDT, according to ai_9684xtpa.
The address now has about 22,504 ETH posted as collateral against roughly $31.02 million in total borrowings, with a Health Factor of 1.41. The Health Factor measures liquidation risk based on the value of borrowed assets relative to collateral, and liquidation begins if it falls to one.