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Leveraged Long Position on ARB Using Aave and Binance | Flash News Detail | Blockchain.News

Leveraged Long Position on ARB Using Aave and Binance

12/8/2024 1:22:22 AM

Leveraged Long Position on ARB Using Aave and Binance

According to EmberCN, a crypto address has executed a leveraged long position on ARB. The trader withdrew 2.936 million ARB, valued at $3.41 million, from Bybit and deposited it into Aave as collateral. They then borrowed 2.95 million USDT from Aave and used it to purchase 2.478 million ARB on Binance at a price of $1.19. Currently, the trader holds a total of 5.415 million ARB, valued at $6.4 million. (Source)

Aave Binance Bybit USDT ARB

More from 余烬 (@EmberCN): Analyst about On-chain Analysis