Recently, a large movement of Whale Addresses has been discovered. Three hours ago, the same Large Investor withdrew 14,985 ETH from a leading exchange in one go, worth approximately 44.03 million USD, with an average cost of around 2,938 USD for this batch of coins.
Interestingly, these ETH were not sold on the exchange but were instead transferred to AAVE for staking. More importantly, through the leverage effect of staking and borrowing, this Address additionally purchased 12,855 ETH.
It's clear when you add up the numbers - this Whale has withdrawn a total of 27,840 ETH from the exchange in the short term, with a total value of approximately $82.07 million.
Looking at the operation path, this is a typical "staking → lending → increasing position" three-step process, which utilizes the leverage effect of DeFi to continuously build positions. This indicates that this Large Investor has a quite optimistic outlook on the medium to short-term market for ETH, and is definitely not in the rhythm of short-term selling.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
4
Repost
Share
Comment
0/400
GasGuru
· 20h ago
Whales are playing with leveraged positions again, this rhythm clearly indicates a positive outlook on the mid-term ETH market.
View OriginalReply0
Rugman_Walking
· 20h ago
Whale is playing the leverage game again, this time with a hefty sum of 82.07 million dollars. It seems they are really betting on ETH to da moon.
View OriginalReply0
DegenWhisperer
· 21h ago
The whale's operation this time is really amazing, but I want to know where this guy's cost line is...
Staking, lending, and increasing the position, this rhythm really looks like a bold gamble, with such smooth leverage, the psychological quality is commendable.
With a cost of 2938, at this price... how many chips does this guy hold?
Can the liquidity in the AAVE lending pool withstand this level of operation? It feels like the risk is not small.
Building a position with 80 million US dollars, is this ETH going to da moon? But why does it feel like large investors have been so aggressive during this time?
I'm used to this three-step routine, just afraid that one day the market reverses, and the leverage gets cleared in an instant...
View OriginalReply0
GasFeeCry
· 21h ago
The Whale's operation this time is a bit fierce, directly using DeFi to leverage and build a position, it seems they really have high hopes for Ethereum.
Recently, a large movement of Whale Addresses has been discovered. Three hours ago, the same Large Investor withdrew 14,985 ETH from a leading exchange in one go, worth approximately 44.03 million USD, with an average cost of around 2,938 USD for this batch of coins.
Interestingly, these ETH were not sold on the exchange but were instead transferred to AAVE for staking. More importantly, through the leverage effect of staking and borrowing, this Address additionally purchased 12,855 ETH.
It's clear when you add up the numbers - this Whale has withdrawn a total of 27,840 ETH from the exchange in the short term, with a total value of approximately $82.07 million.
Looking at the operation path, this is a typical "staking → lending → increasing position" three-step process, which utilizes the leverage effect of DeFi to continuously build positions. This indicates that this Large Investor has a quite optimistic outlook on the medium to short-term market for ETH, and is definitely not in the rhythm of short-term selling.