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MainNewsEthereum Wha...

Ethereum Whale Borrows 4,000 ETH on Aave to Initiate New Short Position


by Peter Mwangi
for CoinEdition
Major ETH Whale Takes New $7M+ Short Position via Aave
  • Ethereum whale shorts 4,000 ETH after losing $14.23M on earlier trades between April 22 and 25.
  • ETH price rises 1.85% to $1,806.26, showing resilience despite heavy whale shorting activity.
  • Exchange flows and active addresses show a balanced but uncertain outlook for Ethereum’s recovery.

A well-known Ethereum whale is betting against the recent ETH price recovery. On-chain analyst @ai_9684xtpa reported via X that this whale borrowed 4,000 ETH (worth about $7.25 million) from the DeFi lending platform Aave. The analyst noted the whale borrowed this ETH specifically to open a new short position, signaling a cautious or bearish outlook.

Whale’s Rocky Recent Trades: Profits Followed by Losses

This isn’t the whale’s first big move…

The post Ethereum Whale Borrows 4,000 ETH on Aave to Initiate New Short Position appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin’s Volatile Swings Punish Short Sellers with $179M Liquidated in Past 24 Hours

Bitcoin’s Volatile Swings Punish Short Sellers with $179M Liquidated in Past 24 Hours

The crypto market witnessed volatility over the past 24 hours, with over $264.94 mill...
Ethereum Whales Stack 449K ETH in a Day, but $1,895 Resistance Holds Firm

Ethereum Whales Stack 449K ETH in a Day, but $1,895 Resistance Holds Firm

A few days ago, Ethereum saw a historic single-day inflow of 449,000 ETH into accumul...
MainNewsEthereum Wha...

Ethereum Whale Borrows 4,000 ETH on Aave to Initiate New Short Position


by Peter Mwangi
for CoinEdition
Major ETH Whale Takes New $7M+ Short Position via Aave
  • Ethereum whale shorts 4,000 ETH after losing $14.23M on earlier trades between April 22 and 25.
  • ETH price rises 1.85% to $1,806.26, showing resilience despite heavy whale shorting activity.
  • Exchange flows and active addresses show a balanced but uncertain outlook for Ethereum’s recovery.

A well-known Ethereum whale is betting against the recent ETH price recovery. On-chain analyst @ai_9684xtpa reported via X that this whale borrowed 4,000 ETH (worth about $7.25 million) from the DeFi lending platform Aave. The analyst noted the whale borrowed this ETH specifically to open a new short position, signaling a cautious or bearish outlook.

Whale’s Rocky Recent Trades: Profits Followed by Losses

This isn’t the whale’s first big move…

The post Ethereum Whale Borrows 4,000 ETH on Aave to Initiate New Short Position appeared first on Coin Edition.

Read the article at CoinEdition

Read More

Bitcoin’s Volatile Swings Punish Short Sellers with $179M Liquidated in Past 24 Hours

Bitcoin’s Volatile Swings Punish Short Sellers with $179M Liquidated in Past 24 Hours

The crypto market witnessed volatility over the past 24 hours, with over $264.94 mill...
Ethereum Whales Stack 449K ETH in a Day, but $1,895 Resistance Holds Firm

Ethereum Whales Stack 449K ETH in a Day, but $1,895 Resistance Holds Firm

A few days ago, Ethereum saw a historic single-day inflow of 449,000 ETH into accumul...