A certain whale borrowed a total of 19 million USDT from Aave and Compound, then purchased 4,952 ETH
According to on-chain analyst Yu Jin, the whale 0x5de...d57 borrowed a total of 19 million USDT from Aave and Compound in the last 33 hours, then bought 4,952 ETH at an average price of $3,837. This whale holds a significant amount of ETH, reaching 26,728 (worth $103 million), but a considerable part was purchased through leverage: he has stablecoin loans worth $66.35 million on Aave and Compound.
In addition, he also sold 402,875 UNI for $6.83 each (totaling $2.75 million) on April 17th. At that time due to the SEC's notice to Uniswap's Wells in the United States , UNI price fell from $11.6 to $5.9; he sold at market bottom and now UNI price has rebounded.
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