According to Lookonchain monitoring, a whale that was long on ETH has just sold 12,048 ETH ($23.4 million) to repay debt and earn over $2 million. On October 23, the whale purchased 12,047 ETH ($21.3 million) from Binance at a price of around $1,768. The whale was able to go long on ETH by storing ETH in Aave & Compound and borrowing USDT to buy more ETH.
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A whale that was long on ETH through revolving lending sold 12,048 ETH
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