Whale further expanded ETH long position

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English

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Aug 13, 2024

Auto generation

Whale further expanded ETH long position

Inflow

Related addresses

0x940df59ba33f3387deff3c2400fecf1286fcce4c

Total tokens transferred

1.878K

ETH

DAI

Related transactions

1inch

0x940df59ba33f3387deff3c2400fecf1286fcce4c

Aug 13, 06:46

1inch

0x940df59ba33f3387deff3c2400fecf1286fcce4c

Aug 13, 07:03

Whale 0x940 just further borrowed 5M DAI and swapped them for 1,878 ETH at $2,663 on average:

transaction 1: 0x7dae295acb699dc045ed8aab30c83dc033739a55387d1c59d8aa8e7ef6955e8c
transaction 2: 0x92e3ea32b08ac7e1ec3cace2ba4e1668f0b4bfd6d172410f57e242ddef0571c1
address: 0x940df59ba33f3387deff3c2400fecf1286fcce4c

Overall, in the past 3 days, the whale has borrowed $11.8M worth of stablecoins, including 6.6M DAI, 2.7M USDT, and 2.5M USDC, from Aave and Spark to buy 4,459 ETH at $2,646 on average, apparently keeping expanding an ETH long position.

Note that the whale once got liquidated for 2,890 WSTETH ($8.06M) during the recent market crash on August 5.

Fig 1. Whale 0x940 borrowed $11.8M to buy 4,459 ETH at $2,646 on average in the past 3 days.

#eth

#ethereum

#buy

#long

#liquidate

#borrow

#leverage

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Whale 0x940 further expanded ETH long position

Last synced: Aug 13, 08:08

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