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Ethereum Whale Borrows 4,000 ETH on Aave to Initiate New Short Position


by Peter Mwangi
for CoinEdition

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Major ETH Whale Takes New $7M+ Short Position via Aave
  • Ethereum whale shorts 4,000 ETH after losing $14.23M on earlier trades between April 22 and 25.
  • ETH price rises 1.85% to $1,806.26, showing resilience despite heavy whale shorting activity.
  • Exchange flows and active addresses show a balanced but uncertain outlook for Ethereum’s recovery.

A well-known Ethereum whale is betting against the recent ETH price recovery. On-chain analyst @ai_9684xtpa reported via X that this whale borrowed 4,000 ETH (worth about $7.25 million) from the DeFi lending platform Aave. The analyst noted the whale borrowed this ETH specifically to open a new short position, signaling a cautious or bearish outlook.

Whale’s Rocky Recent Trades: Profits Followed by Losses

This isn’t the whale’s first big move…

The post Ethereum Whale Borrows 4,000 ETH on Aave to Initiate New Short Position appeared first on Coin Edition.

Read the article at CoinEdition

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In This News

Coins

$ 3.16K

+2.00%

$ 0.0145

-2.42%

$ 0.00...361

$ 0.00...017


Share:

Read More

Critical Ethereum (ETH) Price Alert: Will It Fall Below $3K or Test the Upside?

Critical Ethereum (ETH) Price Alert: Will It Fall Below $3K or Test the Upside?

With the fear sentiment overhanging in the crypto market, the majority of the assets ...
An Ethereum whale raises its holdings to $1.7B: Will this move affect ETH?

An Ethereum whale raises its holdings to $1.7B: Will this move affect ETH?

An Ethereum whale purchased 38,576 ETH worth $119 million.

Ethereum Whale Borrows 4,000 ETH on Aave to Initiate New Short Position


by Peter Mwangi
for CoinEdition

Share:

Major ETH Whale Takes New $7M+ Short Position via Aave
  • Ethereum whale shorts 4,000 ETH after losing $14.23M on earlier trades between April 22 and 25.
  • ETH price rises 1.85% to $1,806.26, showing resilience despite heavy whale shorting activity.
  • Exchange flows and active addresses show a balanced but uncertain outlook for Ethereum’s recovery.

A well-known Ethereum whale is betting against the recent ETH price recovery. On-chain analyst @ai_9684xtpa reported via X that this whale borrowed 4,000 ETH (worth about $7.25 million) from the DeFi lending platform Aave. The analyst noted the whale borrowed this ETH specifically to open a new short position, signaling a cautious or bearish outlook.

Whale’s Rocky Recent Trades: Profits Followed by Losses

This isn’t the whale’s first big move…

The post Ethereum Whale Borrows 4,000 ETH on Aave to Initiate New Short Position appeared first on Coin Edition.

Read the article at CoinEdition

In This News

Coins

$ 3.16K

+2.00%

$ 0.0145

-2.42%

$ 0.00...361

$ 0.00...017


Share:

In This News

Coins

$ 3.16K

+2.00%

$ 0.0145

-2.42%

$ 0.00...361

$ 0.00...017


Share:

Read More

Critical Ethereum (ETH) Price Alert: Will It Fall Below $3K or Test the Upside?

Critical Ethereum (ETH) Price Alert: Will It Fall Below $3K or Test the Upside?

With the fear sentiment overhanging in the crypto market, the majority of the assets ...
An Ethereum whale raises its holdings to $1.7B: Will this move affect ETH?

An Ethereum whale raises its holdings to $1.7B: Will this move affect ETH?

An Ethereum whale purchased 38,576 ETH worth $119 million.