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A major whale shorting ETH via borrowing continues to accumulate positions, borrowing another 10,000 ETH to short.

2026.06.15 - 01:38
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TechFlow News: On June 15, according to on-chain analyst Ai Aunt (@ai_9684xtpa), as ETH’s price broke above $1,700, a large short-seller whale—instead of cutting losses—withdrew 45.495 million USDT from Binance 3.5 hours ago, deposited it into Aave as collateral, and then borrowed an additional 10,000 ETH to short (approximately $17.25 million). To date, this address has pledged $156 million in stablecoins and borrowed 35,388.4 ETH, with an average short-sale price of $1,682.14. The position currently carries a floating loss of $1.098 million; liquidation will be triggered if ETH rises to $3,453.36.

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