A whale went long on Ethereum through a revolving loan, with an average price of $1,740

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MarsBit
04-23
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Mars Finance News, on April 23, according to EmberCN monitoring, a whale borrowed 34.75 million USDT from Aave in a circular loan form 2 hours ago, buying 19,972.8 ETH at an average price of $1,740. Currently, its address has a position of 50,000 ETH with a liquidation price of $1,586.8. Previously, more than a month ago, this whale address had sold 30,894 ETH at a price of $1,790 due to ETH's decline to avoid position liquidation, suffering a loss of $40 million.

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