According to @lookonchain, the #66kETHBorrow whale added 40,975 ETH (~$121M) in the past 5 hours, lifting cumulative purchases since Nov 4 to 569,247 ETH (~$1.69B) (source: Lookonchain). @lookonchain reports that $881.5M of the funds used were borrowed from Aave, indicating the position is materially leveraged with roughly 52% loan-funded buying based on the stated figures (source: Lookonchain). The entity can be tracked via Arkham Intelligence under explorer entity e3f9ef15-6571-481b-b185-7fecbd21a935 for real-time on-chain inflows and transfers that traders monitor for liquidity signals (source: Arkham Intelligence). Borrowed positions on Aave are liquidatable if the health factor drops below 1, making collateral and market volatility key risks for leveraged ETH buys (source: Aave documentation).

According to the source, Superstate CEO Robert Leshner said tokenizing stocks and physical assets would let investors self-custody tokenized holdings, borrow against them in DeFi, and transfer ownership more easily (source: Robert Leshner, Superstate).

According to Phantom, PSOL is live on Kamino Finance, allowing users to borrow against PSOL at 1.31% APY and multiply PSOL exposure up to 7.7x in one tap (source: Phantom on X, Sep 14, 2025).