Data: A whale user sold spot ETH and borrowed money to short, making a profit of more than $270,000

This article is machine translated
Show original

According to ChainCatcher, as monitored by on-chain analyst @EmberCN, a whale user sold 11,328 ETH at an average price of $1,618 yesterday, receiving $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.

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