According to Ai 姨, the whale trader redbase.eth, who previously incurred a loss of $1.069 million from ETH trading since March 9, has leveraged long 4,159 ETH valued at $7.8 million. Using 2.5 million DAI, he initially purchased 1,322 ETH, then continued to leverage by using the acquired ETH as collateral to borrow more stablecoins. Currently, he has collateralized 4,150 WETH to borrow 5.35 million DAI with a health factor of 1.14. This action comes as ETH's price dropped to $1,676.

According to Ai 姨 (@ai_9684xtpa), Ethereum whale redbase.eth sold 3998 ETH, which were accumulated between March 14 and March 24 at an average cost of $1893, making a profit of $470,000. Despite this gain, redbase.eth has incurred a total loss of $1.069 million from ETH trades since March 9. This marks the first profitable swing trade of the month for the whale. Source: @ai_9684xtpa.