News

PANews reported on February 28 that, according to Onchain Lens, address "0x172" borrowed 7 million USDC from Aave during a market downturn and purchased 3,753 ETH at approximately $1,865 each. After the transaction, this address holds a total of 15,964 ETH, with a notional value of about $29.68 million at the current price.

BlockBeats News, February 28, CryptoQuant analyst @AxelAdlerJr posted immediately after today's Bitcoin drop, stating that the current Bitcoin Unrealized Loss Percentage has exceeded 39%, with a significant portion of buyers currently in an unrealized loss position. The market is entering a phase of positive pressure, but has not yet entered a full capitulation phase. Before a complete collapse, the market still has room to maneuver. Historical data shows that this indicator reached over 40% near the bear market bottoms in 2018 and 2022, and this current level indicates that weak positions are gradually being cleared, potentially approaching the cycle low.

ChainCatcher News, according to market sources, a whale at address "0x172" borrowed 7 million USDC from Aave and purchased 3,753 ETH at a price of $1,865. This whale currently holds 15,964 ETH, worth approximately $29.68 million.