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A whale borrowed coins to short ETH, selling 4000 ETH at $1618.

2025-04-21 16:54

BlockBeats News, April 21st, according to EmberCN monitoring, a whale sold 11,328 ETH yesterday and exchanged it for 18.229 million USDC, making a profit of $271,000. After selling the ETH they held, they continued to borrow and sell:


They collateralized USDC to borrow 4,000 ETH from Aave, then sold it at a price of $1,618, exchanging it for 6.471 million USDT.

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