[Block Rhythm] has just detected a new Wallet that has crazily withdrawn 77,385 ETH in the past 2 hours, equivalent to 218 million dollars, with an average cost price of 2,843 dollars. This Address is suspected to be the “mysterious Whale that shorted during the 1011 flash crash.”
What's even more explosive is the following operation: in the last 3 hours, this Whale dumped over 180,000 ETH into Aave V3 and then borrowed 220 million USDT. And then? This money went directly into a certain top exchange.
This operation looks like a leveraged layout, first hoarding coins, then borrowing stablecoins, and finally transferring USDT to the exchange—either preparing to increase positions or waiting for market fluctuations to harvest. In any case, with this scale of capital flow, the market has to stay alert.
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$218 million! A mysterious Whale has crazily withdrawn 77,000 ETH and borrowed $220 million to enter the market.
[Block Rhythm] has just detected a new Wallet that has crazily withdrawn 77,385 ETH in the past 2 hours, equivalent to 218 million dollars, with an average cost price of 2,843 dollars. This Address is suspected to be the “mysterious Whale that shorted during the 1011 flash crash.”
What's even more explosive is the following operation: in the last 3 hours, this Whale dumped over 180,000 ETH into Aave V3 and then borrowed 220 million USDT. And then? This money went directly into a certain top exchange.
This operation looks like a leveraged layout, first hoarding coins, then borrowing stablecoins, and finally transferring USDT to the exchange—either preparing to increase positions or waiting for market fluctuations to harvest. In any case, with this scale of capital flow, the market has to stay alert.