Large Whale/Institution Reduces Leverage and Positions
7/5/2024 4:45:26 AM
According to @EmberCN, a large whale or institution is reducing leverage and positions. Recently, this entity incurred a $1.04M (-14%) loss from buying CRV and has transferred 11,429 ETH ($33.2M) to Binance in the past hour. The whale/institution has collateralized 53,000 ETH ($154M) across three addresses on Compound and Aave, borrowing $107.8M in stablecoins. The health rate of their borrowing positions is currently at a critical low. (Source)
Aave Compound ETH Binance stablecoins CRVMore from 余烬 (@EmberCN): Analyst about On-chain Analysis