Place your ads here email us at info@blockchain.news
NEW
Whale Leverages AAVE for $9.22 Million Profit | Flash News Detail | Blockchain.News
Latest Update
12/11/2024 3:04:23 AM

Whale Leverages AAVE for $9.22 Million Profit

Whale Leverages AAVE for $9.22 Million Profit

According to EmberCN, a whale has leveraged a looped loan strategy to long AAVE and has recently borrowed an additional $3 million USDT to purchase 11,605 AAVE at a price of $258 each. This strategy has resulted in a floating profit of $9.22 million. Since October, the whale has borrowed a total of $8.83 million through looped loans to acquire 87,454 AAVE at an average price of $166. The current price of AAVE has risen to $270.

Source

余烬

@EmberCN

Analyst about On-chain Analysis

Place your ads here email us at info@blockchain.news