A whale shorting ETH via lending continues to short another 7,000 ETH, having already borrowed 35,000 ETH and transferred it to Binance

Odaily reports, according to on-chain analyst Ember's monitoring, a whale shorting ETH via lending continues to short another 7,000 ETH, worth $11.83 million. Currently, the whale has deposited $132 million in stablecoins as collateral on Aave, borrowed 35,000 ETH and transferred them to Binance, worth $58.51 million, at a price of $1,672.