An enormous cryptocurrency whale with deep ties to the mining sector has executed a headline-grabbing withdrawal from the world’s largest exchange. 

According to blockchain analytics platform Lookonchain, a wallet linked to Chun Wang, the co-founder of the major Bitcoin mining pool F2Pool, recently withdrew 9,000 ETH from Binance. 

The transfer, which was valued at approximately $17.86 million, caught the attention of on-chain researchers due to the sheer size. 

Decentralized yield 

The F2Pool-linked wallet immediately deposited the entire 9,000 ETH sum into Aave, a leading decentralized lending and borrowing protocol.

The whale is putting the capital to work to earn a passive yield instead of letting the asset sit idle. 

The widely…