Data: A certain whale/institution repaid a loan of 9,383 ETH to Aave, approximately 35.71 million USD

ChainCatcher news, according to on-chain analyst @ai_9684xtpa's monitoring, starting from December 2023, the giant whales/institutions that shorted ETH also began to repay ETH loans to Aave.

It is reported that this address pledged a total of 2898 WBTC and 14 million USDC from December 2023 to April 2024, borrowing 38510 ETH and depositing it all into Coinbase, suspected to be sold, worth 93.51 million dollars.

In the past 3 days, ETH has risen nearly 20%, and the Aave health of this address has also rapidly declined. Three hours ago, he repaid 9383 ETH (worth 35.71 million dollars), and the current health is 1.48.

It is worth noting that the WBTC acquisition cost for this giant whale/institution was only 45906 dollars, and it has currently gained 62.73 million dollars in unrealized profits.