According to Mars Finance, on-chain analyst Ember monitored that a whale borrowed 28,000,000 USDT from Aave in February and bought 12,802 ETH at an average price of $2,187. After the recent rise in ETH prices, the whale sold 12,402 ETH at an average price of $2,271, receiving 28,160,000 USDT to repay the loan, netting a profit of 400 ETH.
A whale leveraged a long of 12,400 ETH and profited 400 ETH.
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