To be honest, there are Large Investors operating on-chain again👀 Just now, a Whale Address borrowed 10 million USDC on Aave while dumping in 2,909 ETH (worth about 8.3 million USD). Now this guy is holding 83,816 ETH (over 2.9 million USD) and has already borrowed 123 million stablecoin from Aave.
What does this operation mean? Either they are optimistic about the future market and want to leverage to make a move, or they are adjusting their strategy. The actions of on-chain Large Investors can trigger ripples in the market, so let's wait and see what happens next.
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To be honest, there are Large Investors operating on-chain again👀 Just now, a Whale Address borrowed 10 million USDC on Aave while dumping in 2,909 ETH (worth about 8.3 million USD). Now this guy is holding 83,816 ETH (over 2.9 million USD) and has already borrowed 123 million stablecoin from Aave.
What does this operation mean? Either they are optimistic about the future market and want to leverage to make a move, or they are adjusting their strategy. The actions of on-chain Large Investors can trigger ripples in the market, so let's wait and see what happens next.