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TechFlow, December 18 — According to Lookonchain monitoring, a whale (address: 0xa339) that had been leveraged long on ETH via a looping lending strategy sold 20,599 ETH (worth $59.1 million) at $2,869 per ETH over the past two days to repay loans.
The address still holds 30,000 ETH (worth $85.2 million) on Aave, with an outstanding debt of 15.7 million USDT.
According to Lookonchain monitoring, a large whale (address: 0xa339) that had been long on ETH via a circular lending strategy sold 20,599 ETH (worth $59.1 million) at $2,869 per ETH over the past two days to repay loans. The whale previously leveraged ETH through a circular lending strategy. The address still holds 30,000 ETH (worth $85.2 million) on the Aave platform, with an outstanding debt of 15.7 million USDT.
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