The whale is hoarding Ethereum again.

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Abstract generation in progress

On-chain data shows that a Large Investor just invested 2909 ETH into Aave, and now this guy holds 83816 Ethereum (approximately 289 million USD). Even more impressive, he borrowed 123 million USD in stablecoin from Aave, with the new borrowing being 10 million USDC.

This operation is quite interesting—investing heavily in ETH while borrowing stablecoins. Is it a bet that ETH will rise further? Or is there a big move being planned? From on-chain data, such behavior by Large Investors usually indicates confidence in the market's future. But don't forget, leveraged trading comes with risks; if this guy misjudges, the liquidation risk is also significant.

Key Data

  • Added ETH: 2909 coins
  • Current position: 83816 ETH (~$289 million)
  • Total Debt: $123 million stablecoin
ETH0,88%
USDC-0,03%
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