HawkInsight

  • Contact Us
  • App
  • English

A giant whale borrowed 34.75 million USDT from Aave 2 hours ago to buy nearly 20,000 ETH units

According to online reports, according to analyst Ember monitoring, a giant whale that was long ETH using a revolving loan method once again leveraged to open a position. Two hours ago, it lent 34.75 million USDTs through Aave and purchased 19,972.8 ETH units at an average price of US$1740. It is worth noting that this address sold 30,894 ETH stop losses at US$1790 due to the decline in ETH last month, resulting in a loss of approximately US$40 million. The current 50,000 newly leveraged ETH positions are at risk of liquidation, with a liquidation price of US$1,586.8. If ETH retracts sharply again, it may repeat the same mistake.

Disclaimer: The views in this article are from the original Creator and do not represent the views or position of Hawk Insight. The content of the article is for reference, communication and learning only, and does not constitute investment advice. If it involves copyright issues, please contact us for deletion.

NewFlashHawk Insight
More