Whale Sells Spot and Then Shorts ETH
According to monitoring by @EmberCN, a whale sold 11,328 ETH at an average price of $1,618 yesterday, obtaining $18.229 million USDC, with a single wave profit of $271,000. After that, the address continued to operate by collateralizing the obtained USDC on Aave, borrowing 4,000 ETH, and selling them at an average price of $1,618, resulting in approximately $6.471 million USDT.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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