A certain whale borrowed 8 million DAI from Aave in the past 5 hours to buy 2160 ETH
According to on-chain analyst Yu Jing, a whale borrowed 8 million DAI from Aave in the past 5 hours to purchase 2,160 ETH at an average price of $3,704. He deposited 18,046 ETH into Aave as collateral to borrow the 8 million DAI and then continued to buy more ETH for leverage long positions.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Analyst to XRP Holders: The Next Move Could Be Explosive If This Wall Holds
Bitcoin’s 24% Rally Hit a Wall: CryptoQuant Reveals What Comes Next
HDFC Bank names Jimmy Tata executive director, subject to RBI approval
Cosan held shareholder meeting, backed Radar II spinoff plan