Whale Adds $9.4 Million in Ether to Aave Long, Reaching 22,504 ETH
Photo: TokenPost
An unidentified trader expanded an Aave leveraged Ether (ETH) long by 4,000 ETH to 22,504 ETH, making it Aave’s largest active leveraged ETH long as of Oct. 28. The addition was valued at $9.4 million, while the full position was valued at $53.17 million. The trader bought the ETH, deposited it on Aave as collateral and borrowed $31 million in stablecoins to increase the long. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.
Source: TokenPost
