ETH Trader Continues Shorting BTC with Aave Loans

12/16/2024 7:37:18 AM

According to EmberCN, an Ethereum trader has continued shorting Bitcoin in the past hour by borrowing an additional 200 WBTC from Aave and selling them for 20.9 million USDT. The trader has now borrowed a total of 420 WBTC from Aave and sold them at an average price of $103,402, currently incurring an unrealized loss of $750,000. (Source)

Aave ETH BTC USDT WBTC

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