Whale Activity Causes $ETH Price Fluctuation | Flash News Detail | Blockchain.News

Whale Activity Causes $ETH Price Fluctuation

7/5/2024 2:21:14 AM

Whale Activity Causes $ETH Price Fluctuation

According to @lookonchain, a whale dumped 26,600 $ETH (worth $82.5 million) at $3,102 to repay debt on Aave, leading to a 3.4% drop in $ETH price. Subsequently, the whale created a new wallet, borrowed 80.9 million $USDT from Aave, and repurchased 26,235 $ETH at a lower price of $3,084. The whale's current health rate is 1.9, indicating the risk of liquidation. (Source)

Aave whale $USDt $ETH

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