ChainCatcher report: According to on-chain analyst Yujin, a large whale has borrowed 100 million USDT via Aave since yesterday and purchased 59,742 ETH at an average price of $1,681. The address currently holds 133,800 ETH, valued at approximately $212 million. At current prices, the newly acquired ETH position has incurred an unrealized loss of about $6 million. On-chain data shows that the liquidation prices for the whale’s two current loan positions are approximately $1,356 and $1,170, respectively.
Whale borrows 100M USDT to buy ETH via Aave, now facing a $6M floating loss
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Summary
A whale movement on Aave saw a major player borrow 100 million USDT to purchase 59,742 ETH at $1,681. The whale now holds 133,800 ETH, valued at $212 million, but faces a $6 million unrealized loss. On-chain data shows liquidation prices at $1,356 and $1,170. Whale activity remains a key focus for market observers.
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