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TechFlow reports, on December 1, according to on-chain analyst Yujin's monitoring, a whale borrowed 8 million DAI from Aave over the past 5 hours to purchase 2,160 ETH at an average price of $3,704. The whale deposited 18,000 ETH into Aave as collateral to borrow the 8 million DAI, then used the funds to further buy ETH, leveraging a long position.
According to on-chain analyst EJ, a whale has borrowed 8 million DAI from Aave over the past 5 hours to purchase 2,160 ETH at an average price of $3,704. The whale deposited 18,000 ETH into Aave as collateral to borrow the 8 million DAI, then used the funds to further buy ETH, leveraging a long position.
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