Data: A certain whale borrowed 34.75 million USDT from Aave 2 hours ago to buy nearly 20,000 ETH
According to ChainCatcher news and analyst Yu Jin's monitoring, a certain whale has once again leveraged its position to go long on ETH through a circular loan. Two hours ago, it borrowed 34.75 million USDT via Aave and purchased 19,972.8 ETH at an average price of 1,740 USD.
It is worth noting that this address sold 30,894 ETH at 1,790 USD last month to stop losses due to the decline in ETH, incurring a loss of about 40 million USD. The current position of 50,000 ETH after the new leverage faces liquidation risk, with a liquidation price of 1,586.8 USD. If ETH experiences another significant pullback, it may repeat the previous scenario.
Related tags
ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
Related tags
