Crypto news, according to on-chain analyst Yu Yan's monitoring, Ethereum, early issuance, a whale borrowed 10 million USDE from AAVE and bought 5,817 ETH at a price of $1,719.


This whale is currently collateralized with approximately 147,000 ETH (about $253 million) on AAVE and Spark, borrowing 276 million stablecoins, with a liquidation price of $1,432.
ETH2.85%
AAVE10.94%
USDE-0.06%
SPK4.69%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 5
  • 2
  • Share
Comment
Add a comment
Add a comment
CancelingOrdersIsLikeBreathing
· 2h ago
AAVE+Spark dual-platform collateralization, risk diversification or risk accumulation
View OriginalReply0
StargazerInTheWoods
· 3h ago
Is the position opened at 1719 currently showing an unrealized loss or unrealized profit?
View OriginalReply0
SlothSignal
· 3h ago
253 million in collateral borrows 276 million, the health factor looks precarious
View OriginalReply0
OnchainComplainer
· 3h ago
1432 liquidation line is still quite far; this round of leverage is pretty aggressive.
View OriginalReply0
LatencyMonk
· 3h ago
Early whales also engaged in circular lending. Is the faith in ETH this strong?
View OriginalReply0
  • Pinned