Risk Disclosure: This website's content is not investment advice and offers no trading guidance or related services. Per regulations from the PBOC and other authorities, users must be aware of virtual currency risks. Contact us / [email protected] ICP License: 琼ICP备2022009338号
TechFlow reports on November 7 that, according to on-chain analyst EJ, a whale/institution has placed a bet on ETH's continued rise. In the past hour, they borrowed 33 million USDC from Aave to purchase 11,486 ETH at an average price of $2,873. Earlier in late August, they bought 125,600 AAVE tokens at an average price of $127 (totaling $23.94 million). These AAVE holdings are currently up approximately $7.2 million (+45%) in unrealized gains.
According to on-chain analyst Embers, a whale/institution has placed a bet on ETH's continued rise, borrowing 33 million USDC from Aave in the past hour to purchase 11,486 ETH at an average price of $2,873. Earlier in late August, they bought 125,600 AAVE tokens at an average price of $127 (totaling $23.94 million). These AAVE holdings are currently up approximately $7.2 million (+45%) in unrealized gains.
Navigating Web3 tides with focused insights
