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「Previous Borrowing for Shorting 66,000 ETH」 Whale Deposits 44,000 ETH to Binance, Worth $140.2 Million

3 hours ago

On November 16th, as monitored by LookOnChain, the whale address that "previously borrowed coins to short 66,000 ETH" has recently made a purchase of 444,895 ETH (valued at $13.9 billion). It is reported that this whale has started selling. The whale withdrew 177,000 ETH (worth $5.613 billion) from Aave 8 hours ago and deposited 44,000 ETH (worth $1.402 billion) into Binance. The purchase cost for the whale was approximately $3437 per ETH, and currently, it is facing a loss of about $125 million.
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