Data: A certain whale collateralized over 20,000 ETH on Aave to borrow USDT and buy stETH for a leveraged long position

2023-10-17 10:43:33

Collection

ChainCatcher news, according to Twitter user Yu Jin's monitoring, a certain whale collateralized 20,016 ETH (approximately 31.9 million USD) through 2 addresses on Aave 4 hours ago to borrow 21 million USDT, and then purchased 13,101 stETH at an average price of 1602 USD.

This whale had also collateralized ETH to borrow 20 million USDT to long ETH on September 4, and then unwound the leverage to stop loss on October 8.

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Long ETH circular lending Aave

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