Whale Takes Long Position on ETH Despite Downtrend

8/27/2024 3:02:02 PM

According to @ai_9684xtpa, a whale with the address 0xbB2...7A671 has taken a long position on Ethereum (ETH) during its downtrend. Over the past four hours, the whale has leveraged a cycle to buy 2,738 ETH, valued at $7.21 million. Currently, the whale has deposited 2,738 ETH as collateral on Aave and borrowed 4.6 million USDC, with a health factor of 1.28. As ETH's downtrend continues, the whale has an unrealized loss of $130,000, with a liquidation price set at $2023. (Source)

Ethereum USDC Aave ETH 0xbB2...7A671

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