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2025-12-01 11:39:08

October 11 Whale Deposits ETH on Aave, Borrows USDT in Potential Recovery Play

The 1011 whale, known for shorting Ethereum before the October 11 market downturn, has deposited 55,240 ETH into Aave to borrow $70 million in USDT. This move signals potential positioning for market recovery, using the protocol's lending features to leverage holdings without selling assets. Whale's Strategy: Depositing ETH on Aave to access liquidity via stablecoin [...]

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