📢 A major whale borrowed coins to short ETH, having borrowed and sold a total of 44,389 ETH.



On June 15, on-chain monitoring showed that during the market rebound, a certain whale borrowed an additional 19k ETH from lending protocol Aave and sold it, worth approximately $33.48 million. Currently, the total amount of ETH borrowed and sold by this address has reached 44k ETH, totaling over $80 million. The whale continues to leverage short positions through lending protocols, indicating that large investors are pessimistic about the short-term trend. (😭 Major Negative News)

Impact analysis: Borrowing coins to sell by whales is a typical short-selling behavior. This large-scale sell-off will directly increase spot selling pressure in the market, and the increase in leverage could trigger chain liquidations, suppressing the rebound momentum.

Potential investment opportunities: Focus on short-term risk aversion, monitor ETH support levels, and consider shorting with light positions if key support levels are broken.
ETH10.41%
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