Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
A giant whale added 50,000 USDC deposit to Aave and lent 10,000 LINK

A giant whale added 50,000 USDC deposit to Aave and lent 10,000 LINK

CointimeCointime2023/11/20 04:15
By:Cointime

According to user X @ai_9684xtpa, who is monitoring it, the whale who shorted LINK on October 31 added 50,000 USDC collateral to Aave and borrowed 10,000 LINK, and then continued to short LINK in a loop by "selling LINK for stablecoins, increasing collateral, and borrowing LINK." The last sell was six hours ago. Currently, there are 50,000 LINK to be repaid, and the health factor is 1.22.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

Vitalik Buterin Outlines Simplified Privacy Roadmap for Ethereum

Ethereum co-founder Vitalik Buterin has proposed a new strategy to enhance user privacy on the Ethereum network without significant changes to its core infrastructure.

DeFi Planet2025/04/13 20:00
Vitalik Buterin Outlines Simplified Privacy Roadmap for Ethereum