Data: A whale address borrowed 4,000 ETH from Aave again to sell short, with an average entry price of $1,808

This article is machine translated
Show original

According to ChainCatcher, based on on-chain data analyst Yu Jin's monitoring, a whale address has once again borrowed 4,000 ETH (approximately $7.25 million) from Aave and sold short at an average price of $1,808.6.

It is reported that the address bought back 8,000 ETH to close its position yesterday afternoon, incurring a loss of $208,000. Later, after ETH rose above $1,800 again, the address borrowed and shorted once more.

Source
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments