Data: A certain whale/institution deposited 78,444 ETH as collateral on Aave and then borrowed to go long on 44,287 ETH, worth approximately $156 millions.
According to ChainCatcher, a whale/institutional address 0xE5C...B4e4c is making large long positions on ETH through lending. In the past 9 hours, this address has collateralized 78,444.11 ETH on the Aave platform and borrowed 100 millions USDT, with a health factor of 2.33.
Subsequently, the funds were deposited into an exchange, and 44,287.8 ETH, worth approximately 156 millions USD, were withdrawn at an average price of 3,532.6 USD.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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