A whale borrowed 8 million DAI from Aave and bought 2,160 ETH in the past 5 hours.
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2024-12-01 09:03 288
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Golden Finance reported that according to on-chain analyst Ember Monitoring, a whale borrowed 8 million DAI from Aave to purchase 2,160 ETH in the past 5 hours, with an average price of $3,704.
He deposited 18,046 ETH into Aave as collateral to lend out 8 million DAI, and then continued to buy ETH to leverage long positions.