Whales sell spot and then borrow coins to short ETH

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MarsBit
04-21
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Mars Finance News, according to @EmberCN monitoring, a whale yesterday sold 11,328 ETH at an average price of $1,618, obtaining $18.229 million USDC, with a single trading band profit of $271,000. Subsequently, the address continued its operation, pledging the obtained USDC to Aave, borrowing 4,000 ETH, and selling it at an average price of $1,618, obtaining approximately $6.471 million USDT.

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