Whale余烬Wed 28 Oct, 02:13:59

Whale used Aave loop to borrow $31M USDC and buy 21,895 ETH

Summary

Written by Decryptr from the source

According to on-chain whale tracker Embercn, a wallet used circular loans from Aave to borrow 31 million USDC to buy 21,895 ETH (~$54.63M). The reported liquidation price is about $1,660 per ETH.

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余烬, 2 hr ago.

Not financial advice. Don't invest unless you're prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.