Whale Takes Long Position on ETH Post-Market Crash

8/5/2024 4:12:10 AM

According to Lookonchain, after the market crash, a savvy whale who previously made a $76 million profit on ETH has purchased another 6,000 ETH worth $13.9 million. This whale borrowed 3.3 million USDT from Aave and deposited it into Binance. Approximately two hours ago, he withdrew 6,000 ETH from Binance. This indicates a long position on ETH through borrowing and lending strategies. (Source)

Aave ETH Binance whale USDT

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