According to IntoTheBlock, a significant spike in activity was driven by a whale address 0x4..., which diversified its debt from exclusively USDS to a mix of USDS and GHO. This rebalancing indicates growing institutional confidence in GHO as a viable asset.

According to @EmberCN, a whale sold 7,358 ETH at $2,154, converting it into 15.848 million USDS, within the last hour. This move was possibly due to disappointment over the market's reaction to Trump's Bitcoin reserve executive order. The whale not only liquidated its own 5,372 ETH holdings but also borrowed an additional 1,986 ETH to short sell. Sponsored by #Bitget｜@Bitget_zh.

According to @ai_9684xtpa, two prominent investors are buying Ethereum during the recent market dip. One investor made a profit of $1.52 million by trading 11,502 ETH, while a whale purchased 7,500 ETH worth $19.31 million three hours ago. The whale withdrew the tokens from Binance at an average price of $2,575 per ETH, then deposited them into Aave to borrow USDC, converted it to USDS, and staked it in Sky for an airdrop.