A whale that "shorted 66,000 ETH by borrowing cryptocurrency and bought over 250,000 ETH during the market downturn" is suspected of rebuilding its position.

PANews reported on November 11 that, according to Onchain Lens monitoring, a whale that previously borrowed 66,000 ETH to sell and then bought 257,543 ETH (worth approximately $896 million) during the market downturn appears to be rebuilding its position.

  • 34,156 ETH (worth approximately $120.3 million) were deposited into Aave;
  • 60 million USDT were lent out and deposited into Binance;
  • Purchase 23,500 ETH (worth approximately $82.62 million) and deposit them into Aave V3;
  • 40 million USDC were lent out and deposited into Binance;
  • Purchased 20,787 ETH (worth approximately $73.81 million) and deposited them into Aave V3.
Share to:

Author: PA一线

This content is for market information only and is not investment advice.

Follow PANews official accounts, navigate bull and bear markets together