A giant whale added 50,000 USDC deposit to Aave and lent 10,000 LINK
According to user X @ai_9684xtpa, who is monitoring it, the whale who shorted LINK on October 31 added 50,000 USDC collateral to Aave and borrowed 10,000 LINK, and then continued to short LINK in a loop by "selling LINK for stablecoins, increasing collateral, and borrowing LINK." The last sell was six hours ago. Currently, there are 50,000 LINK to be repaid, and the health factor is 1.22.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Why is Solana (SOL) price down today?
Crypto Trader Makes Over 23,000% Profit Trading Memecoins
US Attorney Damian Williams to resign on December 13
DeFi tokens gain 50% in November as TVL hits $118B